Easy to see why LKE has launched a strategic review of its flagship Kachi lithium project in Argentina, adding that the asset is significantly undervalued despite surging long-term demand for battery metals.
https://www.mining.com/rio-tinto-bets-big-on-lithium-triangles-brine-riches/“The Lithium Triangle is the optimal location to develop lithium projects that can meet global demand and for miners to get to the bottom of the cost curve,” Stausholm said. “From both a resource and production cost perspective, the brines in the area are unmatched.”Rio Tinto is investing $2.5 billion to scale up its Rincon lithium project in Argentina, aiming to increase production capacity to 60,000 tonnes per year by 2028. The move is part of the company’s broader strategy to establish itself as a dominant force in critical minerals, particularly those tied to electric vehicles and stationary battery storage.
IMO
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