{"id":7787,"date":"2025-05-20T14:38:02","date_gmt":"2025-05-20T06:38:02","guid":{"rendered":"https:\/\/goutanddesign.com\/wpress\/?p=7787"},"modified":"2025-05-20T14:38:02","modified_gmt":"2025-05-20T06:38:02","slug":"rio-tinto-and-codelco-invest-900m-in-chile-lithium-project","status":"publish","type":"post","link":"https:\/\/goutanddesign.com\/wpress\/2025\/05\/rio-tinto-and-codelco-invest-900m-in-chile-lithium-project\/","title":{"rendered":"Rio Tinto and Codelco Invest $900M in Chile Lithium Project"},"content":{"rendered":"Reading Time : <\/span> 2<\/span> minutes<\/span><\/span>

Rio Tinto and Codelco have joined forces to develop the high-grade lithium deposits at Chile\u2019s Salar de Maricunga, marking a significant step in the global push for sustainable energy resources. The partnership aims to leverage cutting-edge Direct Lithium Extraction (DLE) technology to efficiently and responsibly extract lithium, a critical component for electric vehicle batteries and renewable energy storage.<\/strong><\/p>\n

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The Salar de Maricunga is renowned for its rich lithium brine deposits, second only to Chile\u2019s Salar de Atacama in concentration. This salt flat\u2019s unique geology offers high lithium grades and favorable extraction conditions, making it an attractive site for lithium production. With an estimated 2.9 million tonnes of lithium carbonate equivalent, the project promises to boost Chile\u2019s position as a global lithium supplier while supporting environmental stewardship through advanced extraction methods.<\/p>\n

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Rio Tinto\u2019s $900 million investment is structured to support the project\u2019s development in phases, beginning with $350 million for detailed studies and resource validation. Following a positive investment decision, an additional $500 million will fund construction, with a final $50 million contingent on achieving first lithium production by 2030. This phased approach minimizes risk while aligning both companies\u2019 interests toward timely and efficient project delivery.<\/p>\n

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This collaboration not only strengthens Chile\u2019s lithium industry but also exemplifies how innovation and strategic partnerships can drive the transition to cleaner energy. By combining Codelco\u2019s local expertise with Rio Tinto\u2019s technological capabilities, the Maricunga project is poised to become a model for sustainable lithium production worldwide.<\/p>\n

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\"B\u00e9n\u00e9dicte
B\u00e9n\u00e9dicte Lin \u2013 Brussels, Paris, London, Seoul, Bangkok, Tokyo, New York, Taipei, Hong Kong<\/figcaption><\/figure>\n

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#RioTinto #Codelco #Lithium #Chile #SalarDeMaricunga #DirectLithiumExtraction #CleanEnergy #SustainableMining #EVBatteries #EnergyTransition<\/p>\n

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Reading Time : <\/span> 2<\/span> minutes<\/span><\/span>Rio Tinto and Codelco have partnered to develop Chile\u2019s high-grade Salar de Maricunga lithium project. With a $900 million phased investment and advanced Direct Lithium Extraction technology, the joint venture aims to deliver lithium by 2030, boosting Chile\u2019s global lithium supply while promoting sustainable resource development.<\/p>\n","protected":false},"author":2,"featured_media":7791,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[374,30,194,67],"tags":[397,19,481,32,165,4,93,482,94],"class_list":["post-7787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-entreprise-strategy","category-finance","category-wealthytalks","tag-397","tag-benedicte","tag-chili","tag-entreprise-strategy","tag-finance","tag-gout-design","tag-investments","tag-lithium","tag-money"],"_links":{"self":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts\/7787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/comments?post=7787"}],"version-history":[{"count":1,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts\/7787\/revisions"}],"predecessor-version":[{"id":7792,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts\/7787\/revisions\/7792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/media\/7791"}],"wp:attachment":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/media?parent=7787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/categories?post=7787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/tags?post=7787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}