Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy
WEB23 hours ago · Rio's London shares down 0.4% by 1054 GMT. LONDON/MELBOURNE, Oct 9 (Reuters) - Rio Tinto (RIO.AX), (RIO.L) has agreed to buy U.S. based Arcadium Lithium (ALTM.N) for $6.7 billion, it said on ...
Rio Tinto to acquire Arcadium Lithium
WEB23 hours ago · Releases. 2024. Rio Tinto to acquire Arcadium Lithium. World-class lithium business to strengthen Rio Tinto’s position as global leader in. Counter-cyclical expansion into a high-growth market, aligned with Rio Tinto’s long-term strategy and disciplined capital allocation framework. Rio Tinto’s scale, …
Rio Tinto's real prize: Arcadium's lithium extraction technology
WEB5 hours ago · Deals category Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy October 9, 2024 Deals category Couche-Tard hikes bid for 7-Eleven owner to $47 billion, sources say October 9, 2024
World's top lithium producers: Arcadium deal to vault Rio Tinto …
WEB1 day ago · Deals category Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy October 9, 2024 Deals category Couche-Tard hikes bid for 7-Eleven owner to $47 billion, sources say October 9, 2024
Rio Tinto Arrives in Lithium Market With a Survival-of-the-Fittest ...
WEB11 hours ago · 2:20. 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 ...
Rio Tinto’s $6.7 billion lithium deal could usher consolidation in …
WEB13 hours ago · 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.
Rio Tinto buying Arcadium in US$6.7-billion bet on lithium
WEB14 hours ago · Rio Tinto PLC. is buying lithium producer Arcadium Lithium PLC. in a big bet on the electric vehicle battery metal in the midst of a vicious bear market. The Anglo-Australian major is paying US$3. ...
Rio Tinto Expands Lithium Bet With Biggest Deal Since 2007 (3)
WEB20 hours ago · The $6.7 billion deal is largest since ill-fated Alcan buy. Rio Tinto Group has agreed to buy Arcadium Lithium Plc in an all-cash deal valuing the US-listed miner at $6.7 billion, expanding its grip on the battery metal and stepping back into the M&A fray with its biggest deal in 17 years. Rio will pay $5.85 per Arcadium share, a 90% premium to ...
Rio Tinto goes all in on lithium with US$6.7-billion Arcadium buy
WEB18 hours ago · Rio Tinto. N/A. said on Wednesday it would buy U.S. based Arcadium Lithium. ALTM-N +1.68%. for $6.7-billion in deal that would catapult it to become one of the world’s largest miners of the ...
Rio Tinto confirms approach to Arcadium Lithium
WEB3 days ago · MELBOURNE, Australia-- (BUSINESS WIRE)-- Rio Tinto today confirmed that it has made an approach to Arcadium Lithium regarding a potential acquisition of Arcadium Lithium by Rio Tinto. The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed. Rio Tinto will not make further comment until or ...