Rio Tinto on Wednesday struck a deal to acquire Arcadium Lithium for $6.7 billion, as the global miner extends its operations in another commodity needed for the energy transition. Steven ...
Rio's $6.7 bln Arcadium buyout brings access to lithium technology Direct lithium extraction could grow to $10 bln annual industry Rio CEO thinks DLE could supply much of world's lithium Analyst ...
Rio Tinto Plc.’s $6.7 billion deal to buy Arcadium Lithium Plc. could shift the lithium industry’s prospects as it marks the arrival of the “mega miners” to the fray. Anglo-Australian Rio ...
Mining giant Rio Tinto made global headlines with its recent acquisition of Arcadium Lithium for $6.7 billion, making it one of the top three lithium miners in the world. This move aligns with Rio ...
Rio Tinto (ASX, LON, NYSE: RIO) will acquire Arcadium Lithium (ASX: LTM)(NYSE: ALTM), in an all-cash transaction, valuing the latter at $6.7 billion, the Anglo-Australian giant confirmed on ...
Rio Tinto Plc is muscling in on the lithium market after a precipitous price collapse for the battery metal, betting it can build a portfolio of huge, low-cost mines that will outlast weaker rivals.
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But while rival BHP Group tested the waters since 2022, with the move for OZ Minerals Ltd. — and eventually bid unsuccessfully for Anglo American Plc, earlier this year — Rio has held back.
Rio Tinto Group has made an approach for Arcadium Lithium Plc, the two sides said on Monday, confirming the latest takeover proposal in a sector turning its attention back to growth, as major ...
For years BHP and Rio Tinto, the world’s two most valuable miners, moved in lockstep. During the 2000s the twin Anglo-Australian giants rose on the back of China’s demand for commodities ...
ABC No Rio was a vital, dangerous and confrontational art space on the Lower East Side. Decades after it opened, it has made a deal with the city for a new building of its own. ABC No Rio was a ...
LONDON/MELBOURNE, Oct 9 (Reuters) - Rio Tinto (RIO.AX), opens new tab, (RIO.L), opens new tab has agreed to buy U.S. based Arcadium Lithium (ALTM.N), opens new tab for $6.7 billion, it said on ...