07 March 2025
07 March 2025
Making mining more accessible to women will improve the industry’s efficiency and innovation.
The deal positions Rio Tinto as the ultimate parent company of Arcadium Lithium, now renamed Rio Tinto Lithium.
Gold producer Mali hosts operations by international companies such as Barrick Gold, B2Gold, Resolute Mining and Hummingbird Resources.
The contract starts immediately under a cost-plus model until a five-year alliance deal is finalised.
The project, situated on the Forrestania Greenstone Belt, is strategically positioned near existing gold processing plants.
The investment is expected to close the week of 10 March 2025, subject to the satisfaction of certain closing conditions.
The move follows a four-month DRC export ban to curb oversupply and control cobalt prices.
The streams from two mines in Peru are expected to have a mine life expectancy of at least ten years.
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