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Rio Tinto to acquire Arcadium Lithium for $6.7B
Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal
Rio Tinto said the deal would be an all-cash transaction for $5.85 per share, representing a premium of 90% to Arcadium's Oct. 4 closing price of $3.08 per share. Arcadium Lithium's market value currently stands at $4.
Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy
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 Group (RIO) CEO Jakob Stausholm Hosts Acquisition of Arcadium Lithium Conference (Transcript)
Acquisition of Arcadium Lithium Conference October 9, 2024 4:30 AM ETCompany ParticipantsJakob Stausholm - Chief
6h
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), ...
1d
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 ...
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