Rio Tinto’s real prize: Arcadium’s lithium extraction technology
Arcadium, through a predecessor company, was the first to develop an early version of a DLE technology in the 1990s at an Argentina lithium brine site that is still operational today.
While that site uses ponds in tandem with DLE, Arcadium’s decades-long experience with the technology makes it a tantalizing prize for Rio as it aims to develop lithium deposits in Chile, where officials are phasing out ponds and requiring DLE, and elsewhere.
Rio Tinto’s real prize: Arcadium’s lithium extraction...
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