Raising Rio Tinto's FVE by 4% on Value-Accretive Acquisition of Arcadium Lithium
We raise our fair value estimate for no-moat Rio Tinto to GBX 5,700 per share, up from GBX 5,500, driven by its value accretive acquisition of Arcadium Lithium.
Arcadium Plans to Be Acquired by Rio Tinto in All-Cash Deal Set to Close in 2025
Pure-play lithium producer Arcadium Lithium was created by the Livent-Allkem merger in early 2024. Now management has agreed to a deal for the company be acquired by Rio Tinto for $5.85 per share in ...
Rio Tinto’s $6.7 billion lithium deal could usher consolidation in key industry for EVs
Anglo-Australian Rio Tinto UK:RIO has agreed to buy Arcadium Lithium ALTM in an all-cash deal for $5.85 a share expected to ...
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Rio Tinto buying lithium miner Arcadium for $6.7 billion
Rio Tinto, one of the world's top metal miners, agreed to buy Philadelphia-based lithium miner Arcadium for $6.7 billion in ...