Rio Tinto Buys Arcadium Lithium For $6.7 Billion
British mining giant %RioTinto (NYSE: $RIO ) is acquiring American %Lithium producer Arcadium for $6.7 billion U.S.
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 ...
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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 ...
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 ...
Arcadium Lithium Stock Soars as Rio Tinto Announces $6.7B Acquisition
Arcadium Lithium shares jumped to their highest level in months Wednesday after Rio Tinto announced it would acquire the ...
China's Stocks Rally Fizzles as Stimulus Offer Disappoints
Before the Golden Week break, China announced the most aggressive stimulus measures since the pandemic and the CSI300 gained ...
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Mining Giant Rio Tinto to Buy Arcadium Lithium for $6.7 Billion
Mining giant Rio Tinto acquires lithium leader Arcadium Lithium in a $6.7 billion deal, strengthening its position in the ...
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What’s Next? Rio Tinto’s Acquisition of Arcadium Lithium (ALTM) Shakes Up the Market
In the wake of the announcement, Arcadium Lithium’s stock has surged by +30.19% to $5.52 in premarket trading on Wednesday. This impressive uptick reflects investor optimism about the future prospects ...
North American Morning Briefing: Fed Minutes to Shed Light on Rate-Cut Debate
Two of the nation's biggest banks will kick off earnings season for lenders Friday when JPMorgan Chase and Wells Fargo report results. It was an unusual quarter for the U.S. financial system, marked ...
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Arras Minerals Completes KGK Drilling on its Bozshakol Group Mineral Licenses, Kazakhstan
VANCOUVER, BC / ACCESSWIRE / October 9, 2024 / Arras Minerals Corp. (TSX-V:ARK) ("Arras" or "the Company") is pleased to ...
European Midday Briefing: Stocks Drift As Investors Await Fed Minutes, Key U.S. Data
It estimates demand growth of 950,000 barrels a day for 2024, and 1.1 million b/d in 2025, an oil market surplus of 1.3 million b/d next year and raised its Brent price forecast for 4Q to $80 from $75 ...