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.

Rio Tinto Ltd. has agreed to buy Arcadium Lithium PLC in an all-cash deal valuing the U.S.-listed miner at US$6.7 billion, expanding its grip on the battery metal and stepping back into the M&A fray ...

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 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 ...

Jason Beddow, managing director at Australian fund manager Argo Investments visited the companies' Canadian operations in ...

Set to pay a 90-per-cent premium to Friday’s close during a major bear market in the electric vehicle battery metal ...

Mining giant Rio Tinto acquires lithium leader Arcadium Lithium in a $6.7 billion deal, strengthening its position in the ...

Anglo-Australian mining giant Rio Tinto cemented a roughly US$6.7 billion deal to buy lithium chemicals producer Arcadium on Wednesday, snapping up a significant player in the red-hot battery sector.

Lithium is a key component in electric-vehicle batteries and Rio Tinto is diversifying away from its core products to prepare ...

Rio Tinto, the London-headquartered British-Australian mining company, announced that it is paying $6.7 billion (€5.47 ...

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 ...

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 ...