Home » Transactions » Advised Rio Tinto on agreement with CODELCO to form a lithium project in Chile

Advised Rio Tinto on agreement with CODELCO to form a lithium project in Chile

See how IMAP's M&A advisors supported this transaction.

Materijali, hemikalije i rudarstvo

Rio Tinto Plc.

Service and aftermarket for the sawmill industry

Acquired a 49.99% stake
Salar de Maricunga SpA.

Investment group with small- and mid-sized companies

Subsidiary of Codelco overseeing the development of a high-grade lithium project

Transaction advisors

Gabriel San Martin
Director
Pedro Iriberry
Director
Patricio Giglio
Partner
Fernando Samayoa
Analyst
Juan Pablo Domínguez
Analyst

Advised Rio Tinto on agreement with CODELCO to form a lithium project in Chile

Acted as Rio Tinto’s financial advisor regarding the binding agreement signed with CODELCO (Corporación Nacional del Cobre de Chile) to form a joint venture to develop and operate a high-grade lithium project in the Salar de Maricunga in Chile. Total investment of US$900 million.

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