Rio Tinto's $6.7B acquisition of Arcadium Lithium boosts shares, but analysts question the price tag and potential for ...
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.
Anglo-Australian Rio Tinto UK:RIO has agreed to buy Arcadium Lithium ALTM in an all-cash deal for $5.85 a share expected to ...
Pure-play lithium producer Arcadium Lithium was created by the Livent-Allkem merger in early 2024. Now management has agreed to a deal for the company be acquired by Rio Tinto for $5.85 per share in ...
The Dow surged more than 400 points on Wednesday as investors awaited the minutes of the Federal Reserve’s latest meeting, ...
The FTSE 100 index closed up 53.13 points, 0.7%, at 8,243.74. The FTSE 250 ended 191.18 points higher, 0.9%, at 20,822.38, and the AIM All-Share rose 1.59 points, 0.2%, to 736.66.
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 ...
Shares of lithium producer, Arcadium Lithium plc (ALTM) were surging more than 30 percent in pre-market on Wednesday following the ...
Arcadium Lithium shares jumped to their highest level in months Wednesday after Rio Tinto announced it would acquire the ...
Rio Tinto said it has agreed to a $6.7 billion takeover of Arcadium Lithium, propelling it into the ranks of the top ...