Maricunga Lithium Project Joint Venture
Sector: Metal • Location: Chile
Source: Miningmx
Chile's state-owned copper giant Codelco has formed a strategic partnership with global mining company Rio Tinto for the Maricunga lithium project in northern Chile. Rio Tinto will invest up to $900 million for a 49.99% stake, with Codelco retaining majority control. The project is located in an area with one of the world's highest concentrations of lithium in brine, though mining operations have
- Status
- Prospective
- Sector
- Metal
- Location
- Chile
- Updated
- 22 Jul 2026
- Source
- Miningmx
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Chile's state-owned copper giant Codelco has formed a strategic partnership with global mining company Rio Tinto for the Maricunga lithium project in northern Chile. Rio Tinto will invest up to $900 million for a 49.99% stake, with Codelco retaining majority control. The project is located in an area with one of the world's highest concentrations of lithium in brine, though mining operations have not yet started. The partnership aims to boost Chile's position as a leading lithium producer and includes potential synergies with Rio Tinto's existing Nuevo Cobre copper project. |
Original sector | Mining |
Budget |
Location
Country | Chile |
Source
Source | Miningmx |
URL |
More Details
Record type | Project |
Sector | Metal |
Article published date | 2025-05-23 |
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