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.
Morgan Stanley analyst Rahul Anand assigned a Buy rating on Rio Tinto (RIO – Research Report) today and set a price target of p6,200.00.
Rio Tinto strengthens its position in the renewable energy sector by acquiring lithium producer Arcadium Lithium for $6.7 ...
In a report released yesterday, Lyndon Fagan from J.P. Morgan maintained a Buy rating on Rio Tinto Limited (RTNTF – Research Report), ...
Rio Tinto plc (London) and Arcadium Lithium plc (Philiadelphia, Pa.) announced a definitive agreement (the Transaction ...
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 ...
Rio Tinto is buying Arcadium Lithium for $6.7 billion as the Anglo-Australian miner seeks to diversify beyond its primary ...
Arcadium Lithium shares jumped to their highest level in months Wednesday after Rio Tinto announced it would acquire the ...
Mining giant Rio Tinto acquires lithium leader Arcadium Lithium in a $6.7 billion deal, strengthening its position in the ...
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 ...