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Rio Tinto To Become One Of World's Top Lithium Producer

MarketWatch on MSN · 2h

Rio Tinto’s $6.7 billion lithium deal could usher consolidation in key industry for EVs

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 close next year. Arcadium Lithium was created in January 2024 after Livent and Allkem merged.

Barron's on MSN · 5h

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.

Seeking Alpha on MSN · 2h

Arcadium Lithium surges on Rio Tinto takeover but deal not seen as bargain

Arcadium Lithium (NYSE:ALTM) +30.8% in Wednesday's trading after Rio Tinto (RIO) agreed to buy the U.S.-based company for $6.7B in a deal that will make Rio the world's third largest lithium miner. "We really want battery-grade lithium,

23h

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 ...

2h

Rio Tinto Limited (RTNTF) Receives a Buy from J.P. Morgan

In a report released yesterday, Lyndon Fagan from J.P. Morgan maintained a Buy rating on Rio Tinto Limited (RTNTF – Research Report), ...

canada.autonews7h

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 ...

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