Rio Tinto boss Jakob Stausholm laid the groundwork for his $US6.7bn ($10bn) lithium deal by a short meeting with Argentinian ...
Rio Tinto will buy Arcadium Lithium in a near $10bn bet on the future of the critical battery material that continues to be ...
Rio Tinto sees significant growth in the lithium market; Arcadium’s operations include around 2,400 employees, include ...
So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans.
The mining giant said it would purchase the Philadelphia-based company for $5.85 per share, a 90 per cent premium to its ...
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Rio Tinto is set to acquire the chemical producer Arcadium Lithium in a $6.7bn all-cash deal, in what it called "a ...
Arcadium Lithium has a market cap of $3.31 billion and was formed by the merger of Allkem and Livent on Jan. 4, 2024. It has ...
Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7 billion in an agreed all-cash deal that would make it ...
Rio has made the counter-cyclical acquisition at a time when spot lithium prices are down more than 80% versus peak levels. It makes the FTSE 100 company one of the leading lithiu ...
London listed mining giant Rio Tinto today moved to secure a major foothold in the global supply of lithium, a key component ...
With global lithium prices in a slump, mining giant Rio Tinto has wasted little time in buying US-based Arcadium Lithium for ...