Rio Tinto Acquires Arcadium in $6.7 Billion Deal to Become Top Three Lithium Producer
Rio Tinto (RIO, Financial), a renewed metal and mining company, recently embarked on a $5.7 billion takeover of Arcadium Lithium, making it the third largest producer of lithium in the world. The $865 million acquisition at a 90% premium over the last closing price points to Rio's plan to shift from the New Zealand market to focus on high demand-low carbon resources crucial for the EV revolution.
The takeovers umpire has concluded that Rio Tinto’s proposed $880 million rights issue to Energy Resources of Australia is ...
Gateway Investment Advisers LLC lowered its stake in Rio Tinto Group (NYSE:RIO – Free Report) by 6.9% during the third ...
Rio Tinto and Founders Factory have kicked off the Mining Tech Accelerator in a bid to nurture high-tech solutions to mining ...
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 ...
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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