Rio Tinto acquires lithium producer Arcadium
Australian mining group Rio Tinto is becoming one of the largest lithium producers in the world through a 6.7 billion US dollar takeover. This will thus supply one of the most important raw materials for electric car batteries on a large scale in future.
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.
Lithium has become a priority target for Rio Tinto as it seeks to produce more commodities that are growing in popularity as ...
Rio Tinto will can plans for a new deposit due to be part of its Rhodes Ridge expansion in the Pilbara, in a move it claims ...
Rio Tinto and Founders Factory have kicked off the Mining Tech Accelerator in a bid to nurture high-tech solutions to mining ...
Rio Tinto remains a leading mining company with diverse capabilities and a strong market position. Read how this mining giant ...
Australia's Rio Tinto has signed an agreement with UK refinery developer Green Lithium to develop a lithium supply chain ...
Gateway Investment Advisers LLC lowered its stake in Rio Tinto Group (NYSE:RIO – Free Report) by 6.9% during the third ...
It's closing time for the stock market, but Julie Hyman and Josh Lipton are sticking around to examine the day's biggest ...
A large-scale study of social and environmental impacts from Rio Tinto's abandoned Panguna mine in Bougainville finds a ...
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