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Rio Tinto Engages In Discussions To Buy Arcadium Lithium
Why Arcadium Lithium Stock Exploded by 30% and Pulled Piedmont Lithium and Standard Lithium Higher Today
Arcadium Lithium stock is up 30.5% as of 10:10 a.m. ET today in response. Other lithium mining stocks are following Arcadium higher, with notable outperformers including Standard Lithium ( SLI 10.12%) and Piedmont Lithium ( PLL 15.08%), up 11.5% and 18%, respectively.
Arcadium Lithium Stock Soars as Rio Tinto Announces $6.7B Acquisition
Key Takeaways Rio Tinto announced Wednesday that it has agreed to acquire Arcadium Lithium in an all-cash deal at $5.85 per share, expanding its access to a key ingredient of electric vehicle (EV) batteries.
Rio Tinto Goes All in on Lithium With $6.7 Billion Arcadium Buy
LONDON/MELBOURNE (Reuters) -Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a deal that will catapult it to become the world's third largest miner of the metal used in electric vehicle batteries.
1h
on MSN
Rio Tinto Agrees $6.7 Billion Arcadium Deal. Why It’s Buying the Dip in Lithium.
Rio Tinto is buying Arcadium Lithium for $6.7 billion as the Anglo-Australian miner seeks to diversify beyond its primary ...
1h
Arcadium Lithium Shares Surge In Pre-market On News Of $6.7 Bln Acquisition By Rio Tinto
Shares of lithium producer, Arcadium Lithium plc (ALTM) were surging more than 30 percent in pre-market on Wednesday following the ...
1d
Arcadium Merger Talks Light Up The Downtrodden Lithium Market
A 50% rise in the price of a downtrodden lithium producer has boosted investor hopes that a revival in the battery metal is ...
7h
Arcadium’s $10b takeover exposes brutal reality of listed life
A $15.7 billion merger one year, gone in a not-quite $10 billion takeover the next. Time frames are not always as long as we ...
2d
on MSN
These Stocks Are Moving the Most Today: Pfizer, Arcadium Lithium, Apple, Tesla, DuPont, Netflix, and More
Activist investor Starboard has taken a $1 billion stake in Pfizer, according to a report, Rio Tinto approaches Arcadium ...
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