Good News & Bad News, page-30969

Sounds like another dud RIO Lithium project to me. Years away.

• At the Rincon lithium project in Argentina, development of the three thousand tonne per annum lithium carbonate starter plant is ongoing. Construction activities progressed on the camp and airstrip for the project, while enabling works for the process plant continued. Our $140 million estimate and schedule to develop the starter plant remains under review in response to cost escalation. Studies for the full scale operation are ongoing, and the exploration campaign progressed to further understand Rincon’s basin, brine and water reservoirs. We continue to engage with communities, the province of Salta and the Government of Argentina to ensure an open and transparent dialogue with stakeholders about the works underway.