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

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

We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair ...

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 ...

Rio Tinto boss Jakob Stausholm laid the groundwork for his $US6.7bn ($10bn) lithium deal by a short meeting with Argentinian ...

In a counter-cyclical move, Rio Tinto on Wednesday announced a $6.7-billion acquisition of Arcadium Lithium, propelling the ...

Rio Tinto will buy Arcadium Lithium in a near $10bn bet on the future of the critical battery material that continues to be ...

Rio Tinto is boasting the world’s largest lithium resource base and major growth options after striking a counter-cyclical ...

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 ...

Takeover target Arcadium Lithium says Rio Tinto’s offer to pay a 90 per cent premium reflects “full and fair” value amid a ...

The world's second-largest miner Rio Tinto said Wednesday it will acquire U.S. lithium producer Arcadium for $6.7 billion.