Rio Tinto can sniff a bargain in beaten-down miner Arcadium. But the sector remains divisive, and investors won’t want CEO Jakob Stausholm to overpay. If BHP’s bid for Anglo American was the ...
(Reuters) -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.
Arcadium Lithium (NYSE: ALTM) stock soared 12.1% through 10:55 a.m. ET Friday after rumors emerged that the company may be a candidate for a buyout. Commenting on the Australian story, Barron's ...
RIO Tinto, the world’s second-largest miner, confirmed it has made a non-binding takeover approach for Arcadium Lithium. Rio said there was no certainty that any transaction will be agreed with the US ...
Rio may need to pay over $5 bln, investors and analysts say Bottom-of-the-cycle play is good timing for Rio Tinto U.S.-listed shares of Arcadium up 40% on Monday The approach was confirmed by both ...
Rumors that Rio Tinto wants to buy a lithium miner boosted Arcadium Lithium shares today. Arcadium Lithium's stock is down 80% in two years. Barron's believes Rio Tinto may be trying to "buy at ...
Oct 4 (Reuters) - Rio Tinto (RIO.L), opens new tab, (RIO.AX), opens new tab has been holding talks to buy lithium miner Arcadium (ALTM.N), opens new tab, three sources with direct knowledge of the ...
PHILADELPHIA and PERTH, Australia, Oct. 6, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today confirmed that it has been approached by Rio Tinto regarding a ...