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Rio's $6.7 bln Arcadium buyout brings access to lithium technology Direct lithium extraction could grow to $10 bln annual industry Rio CEO thinks DLE could supply much of world's lithium Analyst ...
The ink is barely dry after Arcadium Lithium (ASX:LTM) put pen to paper on a $10 billion (US$6.7bn) contract to trade the Yank and Australian lithium miner to Rio Tinto (ASX:RIO) and already the ...
According to the release, the two parties have signed a definitive agreement under which Rio Tinto will acquire Arcadium Lithium in an all-cash transaction for US$5.85 per share (A$8.71 per share).
Add articles to your saved list and come back to them any time. Mining giant Rio Tinto has made a counter-cyclical move in the face of a global lithium slump, paying nearly $10 billion for ...
The Anglo-Australian mining company on Wednesday said it is offering $5.85 a share in cash to acquire Arcadium Lithium, representing a 90% premium to the stock’s closing price at the end of last ...
Rio Tinto announced Wednesday that it has agreed to acquire Arcadium Lithium in an all-cash deal at $5.85 per share, expanding its access to a key ingredient of electric vehicle (EV) batteries.
ANDREJ ISAKOVIC / AFP via Getty Images Rio Tinto announced Wednesday that it has agreed to acquire Arcadium Lithium in an all-cash deal at $5.85 per share, expanding its access to a key ingredient ...
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Rio Tinto made it official today: It's buying Arcadium Lithium for $6.7 billion. Rumors of the deal first emerged only five days ago. Rio Tinto sees lithium prices bottoming and wants to buy a ...
Rio Tinto on Wednesday struck a deal to acquire Arcadium Lithium for $6.7 billion, as the global miner extends its operations in another commodity needed for the energy transition. Steven ...