Rio Tinto secures $1.648b for lithium push

By Chloe Coutinho

Wednesday, 11 March 2026
InternationalNews
Rio Tinto (ASX: RIO) has secured a $1.648b (US$1.175b) financing package from four international lenders to help fund the development of its Rincon lithium project in Argentina’s Salta Province.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

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