Rio Tinto wins approval for $2.5B Argentina lithium project

6 hours ago 1
Salinas Grandes Salt desert in the Jujuy, Argentina

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Argentina's government approved Rio Tinto's (NYSE:RIO) $2.5B Rincon lithium mining project late Tuesday, the first mining project under the country's new investment incentive plan.

Argentina is the world's fourth-leading lithium supplier, and the Rincon project is expected to significantly boost its

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