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 ...
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 ...
canada.autonews3h
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 ...
Mining Weekly4h
Ranking the world's top lithium producers
Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7-billion in an all-cash deal that would make it one of ...
Investors Chronicle4h
Rio Tinto buys lithium giant for $6.7bn
Rio Tinto (RIO) has shown confidence in a lithium price rebound by staking $6.7bn (£5.1bn) on a buyout of Arcadium Lithium (US:ALTM). The target company produces around 75,000 tonnes of lithium ...
Rio Tinto bets on lithium with $6.7bn Acadium takeover
The mining giant said it would purchase the Philadelphia-based company for $5.85 per share, a 90 per cent premium to its ...
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 ...
Mining Weekly6h
Rio Tinto locks in lithium future with $6.7bn counter-cyclical deal
In a counter-cyclical move, Rio Tinto on Wednesday announced a $6.7-billion acquisition of Arcadium Lithium, propelling the ...
Rio Tinto buys lithium giant Arcadium in $9.9bn deal
Rio Tinto will buy Arcadium Lithium in a near $10bn bet on the future of the critical battery material that continues to be ...
Arcadium’s $10b takeover exposes brutal reality of listed life
A $15.7 billion merger one year, gone in a not-quite $10 billion takeover the next. Time frames are not always as long as we ...
Rio Tinto to Acquire Arcadium Lithium for $6.7 Billion — Update
Rio Tinto on Wednesday said it is offering $5.85 a share in cash to acquire Arcadium Lithium, representing a 90% premium to the stock's closing price at the end of last week. An agreement was reached ...