STOCK TITAN

Rio Tinto starts demonstration plant for lithium concentration in Quebec

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Rio Tinto has commenced production of spodumene concentrate at a demonstration plant in Sorel-Tracy, Quebec, enhancing its capabilities in lithium battery material production. The innovative process developed at their Critical Minerals and Technology Centre achieves superior lithium oxide grades and recovery rates while minimizing environmental impact by avoiding chemical usage. The plant, operational since June 2022, is part of a strategy to cater to the growing North American lithium market, supported by a recent acquisition of the Rincon lithium project in Argentina, promising low carbon footprint production.

Positive
  • Initiated spodumene concentrate production, enhancing lithium supply for batteries.
  • Innovative process yields higher lithium oxide grades and better recoveries than industry average.
  • Demonstration plant operational since June 2022, validating sustainable extraction methods.
  • Acquired Rincon lithium project, expected to have one of the lowest carbon footprints in the industry.
Negative
  • None.

SOREL-TRACY, Quebec--(BUSINESS WIRE)-- Rio Tinto has started producing spodumene concentrate, a mineral used in the production of lithium for batteries, at a demonstration plant in its Rio Tinto Iron and Titanium (RTIT) Quebec Operations in our metallurgical complex in Sorel-Tracy, Canada.

The plant will demonstrate at industrial scale a new spodumene concentration process that provides lithium oxide (Li20) grades and recoveries well above the industry average. The process was developed by researchers at Rio Tinto’s Critical Minerals and Technology Centre and tested on spodumene ore samples from various countries. It offers the environmental benefit of not using chemical products and generating only dry, inert residues.

RTIT Managing Director Stéphane Leblanc said: “Rio Tinto is exploring new, sustainable ways to extract battery materials for the energy transition. We are seeing strong interest in the market for a North American supply of spodumene concentrate to support production of lithium batteries. Our demonstration plant will allow us to further validate the innovative spodumene concentration process developed at our Critical Minerals and Technology Centre as we consider moving to commercial scale production.”

The demonstration plant was commissioned in June after successful laboratory testing of the new process and produced its first ton of spodumene concentrate in July 2022. It will test ore from various local suppliers including Sayona, an emerging lithium producer with projects in Québec and Western Australia.

Notes to editors

Rio Tinto is committed to the battery materials sector and lithium’s role in a low carbon future. The company’s portfolio of lithium projects focuses on leading edge mining and processing technology to deliver environmentally sensitive solutions to the production of battery-grade lithium carbonate for electric vehicles.

In March 2022, Rio Tinto completed the acquisition of the Rincon lithium project, a large undeveloped lithium brine project located in the heart of the lithium triangle in Argentina. This long life, scaleable project has the potential to have one of the lowest carbon footprints in the industry. Rio Tinto also recovers battery-grade lithium from waste material using a breakthrough process at its Boron operations in California and owns the Jadar lithium-borate project in Serbia.

In June 2022, Rio Tinto announced a $10 million strategic equity investment in Nano One, a Vancouver-based technology company with a patented industrial process to produce low-cost, high-performance cathode used in lithium-ion batteries. This partnership contemplates the potential use of Rio Tinto’s battery metal products, including iron powders from RTFT and lithium, as feedstock for the production of Nano One’s cathode materials.

Please direct all enquiries to media.enquiries@riotinto.com



Media Relations, UK

Illtud Harri

M +44 7920 503 600



Matthew Klar

M+ 44 7796 630 637



David Outhwaite

M +44 7787 597 493



Media Relations, Americas

Simon Letendre

M +1 514 796 4973



Malika Cherry

M +1 418 592 7293



Investor Relations, UK

Menno Sanderse

M: +44 7825 195 178



David Ovington

M +44 7920 010 978



Clare Peever

M +44 7788 967 877



Media Relations, Australia

Jonathan Rose

M +61 447 028 913



Matt Chambers

M +61 433 525 739



Jesse Riseborough

M +61 436 653 412



Investor Relations, Australia

Tom Gallop

M +61 439 353 948



Amar Jambaa


M +61 472 865 948



Rio Tinto plc

6 St James’s Square

London SW1Y 4AD

United Kingdom

T +44 20 7781 2000

Registered in England

No. 719885



Rio Tinto Limited

Level 43, 120 Collins Street

Melbourne 3000

Australia

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404



riotinto.com



Category: RTFT

Source: Rio Tinto

FAQ

What recent development has Rio Tinto announced regarding lithium production?

Rio Tinto has started producing spodumene concentrate at its demonstration plant in Sorel-Tracy, Quebec.

What environmental benefits does Rio Tinto's new spodumene concentration process offer?

The process avoids chemical products, generating only dry, inert residues, thus providing an environmental benefit.

When did Rio Tinto's demonstration plant start production?

The demonstration plant was commissioned in June 2022 and produced its first ton of spodumene concentrate in July 2022.

How does the acquisition of the Rincon lithium project benefit Rio Tinto?

The Rincon lithium project is expected to have one of the lowest carbon footprints in the industry, enhancing Rio Tinto's sustainability profile.

What market demand is Rio Tinto's spodumene concentrate intended to support?

The spodumene concentrate is aimed at supporting lithium battery production in North America.

Rio Tinto plc

NYSE:RIO

RIO Rankings

RIO Latest News

RIO Stock Data

95.57B
1.44B
0%
10.69%
0.55%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
London