BRIEF-Rio Tinto Secures $1.175 Billion Financing Package For Rincon Lithium Project In Argentina

Reuters
Mar 11
BRIEF-<a href="https://laohu8.com/S/RTNTF">Rio Tinto</a> Secures $1.175 Billion Financing Package For Rincon Lithium Project In Argentina

March 10 (Reuters) - Rio Tinto Ltd RIO.AX:

  • RIO TINTO SECURES $1.175 BILLION FINANCING PACKAGE FOR RINCON LITHIUM PROJECT IN ARGENTINA

  • RIO TINTO - FINANCING PACKAGE COMPRISES LOANS FROM IFC, IDB INVEST, EFA, AND JBIC

  • RIO TINTO: PROCEEDS WILL BE USED TO SUPPORT DEVELOPMENT OF $2.5 BILLION RINCON LITHIUM PROJECT

  • RIO TINTO - FIRST PRODUCTION EXPECTED IN 2028; RINCON MINE LIFE EXPECTED TO BE 40 YEARS

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