Worley (ASX:WOR) has been named lead integration delivery partner for the Rio Tinto (ASX:RIO) backed Rincon Project in Argentina according to a company statement released earlier today.
Under the deal, Worley will deliver the lithium carbonate plant, coordinate subcontractors including technology providers, construction contractors, and industrial relations support.
The contract is a whole-of-project undertaking by Worley.
Rio Tinto, which has a market capitalisation of $44.47 billion, will invest US$2.5 million ($3.94 billion) to develop a scalable, long-life resource capable of producing 60,000 tonnes per year of battery-grade lithium carbonate from raw brine at Rincon.
Worley CEO Chris Ashton says this outcome builds on its relationship with Rio Tinto and speaks to the company’s contribution to the project in Argentina to date.
“This significant expansion in capacity at Rincon underscores our potential as an integral part of the energy transition, and demonstrates our ongoing commitment to sustainability,” Ashton says.
Under the contract, Worley will provide lead integration delivery partner services through Worley’s office in Argentina with support from its Chile office and Bogota workshare office.
The project will benefit from Worley’s presence and expertise in the lithium market in Argentina and will boost production of lithium carbonate for batteries.
Worley is a global services company of energy, chemicals, and resources experts.
Write to Aaliyah Rogan at Mining.com.au
Images: Worley
