Codelco, Rio Tinto to Develop Chile's Maricunga Salt Flat for Lithium

May 21, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Chilean state miner Codelco (Santiago, Chile) and Rio Tinto (London, England) have announced plans to jointly develop the Maricunga salt flat in Chile for lithium production. The agreement includes potential investments of US$900 million from Rio Tinto in different phases.