We raise our fair value estimate for no-moat Rio Tinto to AUD 112 per share, up from AUD 108, driven by its value accretive acquisition of Arcadium Lithium.
Rio Tinto strengthens its position in the renewable energy sector by acquiring lithium producer Arcadium Lithium for $6.7 ...
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 ...
Arcadium Lithium stock is up 30.5% as of 10:10 a.m. ET today in response. Other lithium mining stocks are following Arcadium ...
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 ...
Rio Tinto has agreed to acquire Arcadium Lithium for $6.7 billion, aiming to become the world's third-largest lithium miner.
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 ...