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Rio Tinto Engages In Discussions To Buy Arcadium Lithium
Rio Tinto Agrees $6.7 Billion Arcadium Deal. Why It’s Buying the Dip in Lithium.
Rio Tinto is buying Arcadium Lithium for $6.7 billion as the Anglo-Australian miner seeks to diversify beyond its primary products of iron ore, copper, and aluminum.Rio Tinto confirmed the deal in a press release early Wednesday.
Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal
The world's second-largest miner Rio Tinto said Wednesday it will acquire U.S. lithium producer Arcadium for $6.7 billion.
Rio Tinto Goes All in on Lithium With $6.7 Billion Arcadium Buy
LONDON/MELBOURNE (Reuters) -Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a deal that will catapult it to become the world's third largest miner of the metal used in electric vehicle batteries.
SchaeffersResearch.com
48m
Mining Stock Extends Slump After Big Purchase
Rio Tinto stock gapped lower by 4.3% yesterday when the news first broke. The shares are mired in a eight-day losing streak and are now 12.1% lower in 2024. In the last 12 months, the equity is ...
canada.autonews
2h
Rio Tinto eyes EV segment with purchase of Arcadium Lithium, which owns a Canadian operation
Jason Beddow, managing director at Australian fund manager Argo Investments visited the companies' Canadian operations in ...
6h
Rio Tinto boss Jakob Stausholm’s big lithium bet will play out over decades
Rio Tinto boss Jakob Stausholm laid the groundwork for his $US6.7bn ($10bn) lithium deal by a short meeting with Argentinian ...
3d
Takeovers Panel mulls rare backflip on Rio Tinto’s uranium gambit
The Takeovers Panel will review a decision from only a fortnight ago, potentially reopening a running war between Rio Tinto ...
Mining
5d
Rio Tinto’s Diavik diamond mine moves into commercial production underground
The miner said last year it was going ahead with a $40 million expansion of Diavik, which will extend the operation’s life to ...
Mining Weekly
5d
Rio Tinto showcases historic collection of rare coloured diamonds
Rio Tinto has launched its 2024 ‘Beyond Rare’ tender, the second in its Art Series offering, showcasing 48 lots of ...
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