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Home»Explore by countries»China»Chile’s ENAMI says China antitrust review of Rio Tinto lithium project delayed
China

Chile’s ENAMI says China antitrust review of Rio Tinto lithium project delayed

By IslaAugust 6, 20261 Min Read
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SANTIAGO, Aug 6 (Reuters) – ​The Chinese ⁠antitrust regulator
review ​into a lithium project involving Chile’s ​state-run ENAMI
and ‌miner Rio Tinto will be ⁠delayed by a few ⁠months, the ​head of
the South American company said on Thursday.

* ENAMI Executive Vice ​President ‌Juan Carlos Saez told a
legislative session that once approval is secured, the company
will proceed ​with Rio Tinto to develop ‌the Salares Altoandinos
project, which requires an estimated investment ‌of over $3
billion.

* “They have just delayed it; it was supposed to be
delivered ​around July or August. I believe they ‌are going to
delay it a few more months,” he told lawmakers.

* ⁠ENAMI ⁠projects the initiative ‌will begin operations in
2032 with an annual ​output ​of 35,000 metric ‌tons, gradually
increasing to 75,000 tons over three years.
(Reporting by Fabian Cambero, Editing by Iñigo Alexander)

Corporate News Commodities Mining Construction & Materials Rio Tinto



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