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Rio Tinto, lithium
Lithium Stocks Surge on Rio Tinto’s Approach to Buy Arcadium
Shares of some lithium companies surged after Rio Tinto Group made an approach for Arcadium Lithium Plc. Lithium stocks have struggled amid excess supplies and weak demand for the key battery metal used in electric vehicles. The spot price for lithium carbonate in China is down more than 85% from its peak in 2022.
Rio Tinto aims to snap up Arcadium before lithium prices recover
Rio Tinto is in talks to buy lithium producer Arcadium, with the global miner looking to pounce following a slump in prices for the ultralight metal used to make electric-vehicle batteries. A deal would turbo charge Rio's rise to become one of the largest producers of lithium behind Albemarle and SQM.
Is Rio Tinto Group On The Hunt For Lithium Producers?
Potential major lithium acquisition by Rio Tinto Group has boosted industry stocks despite recent market decline. Explore more details here.
9h
Update On Rio Tinto Before Earnings
Rio Tinto remains a leading mining company with diverse capabilities and a strong market position. Read how this mining giant ...
1d
Rio Tinto (RIO) Gets a Hold from RBC Capital
RBC Capital analyst Kaan Peker maintained a Hold rating on Rio Tinto (RIO – Research Report) today and set a price target of £57.00. The ...
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