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

MarketWatch on MSN · 4h

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 · 7h

Rio Tinto Agrees to $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.

Reuters on MSN · 6h

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.

1h

Rio Tinto (RIO) Receives a Hold from UBS

UBS analyst Myles Allsop maintained a Hold rating on Rio Tinto (RIO – Research Report) today and set a price target of £52.50. The ...

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 ...

canada.autonews9h

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 ...

4h

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

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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