Rio Tinto secures $1.175 billion financing package for Rincon lithium project in Argentina

NEW YORK–(BUSINESS WIRE)– Rio Tinto has secured a $1.175 billion financing package from four international lenders to support development of the Rincon lithium project in Argentina’s Salta Province. The package comprises loans from the International Finance Corporation (IFC), IDB Invest, Export Finance Australia (EFA) and the Japan Bank for International Cooperation (JBIC). The proceeds