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Rio Tinto to acquire Arcadium Lithium for $6.7B
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 products of iron ore, copper, and aluminum.Rio Tinto confirmed the deal in a press release early Wednesday.
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.
Rio Tinto to Acquire Arcadium Lithium for $6.7 Billion
Rio Tinto said it has agreed to a $6.7 billion takeover of Arcadium Lithium, propelling it into the ranks of the top producers of a key commodity used in batteries for electric vehicles.
9h
Rio Tinto to acquire Arcadium Lithium
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR ...
19h
Update On Rio Tinto Before Earnings
Rio Tinto remains a leading mining company with diverse capabilities and a strong market position. Read how this mining giant ...
canada.autonews
3h
Rio Tinto eyes EV segment with purchase of Arcadium Lithium, which owns a Canadian operation
Jason Beddow, managing director at Australian fund manager Argo Investments visited the companies' Canadian operations in ...
20h
Why Rio Tinto Stock Is Trading Lower Tuesday
Rio Tinto shares are trading lower by 4.4% Tuesday afternoon. Shares of copper and iron ore companies are trading lower amid ...
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