However, Rio will bring a different mindset to lithium. The commodity – if you can call it that – is fairly common in the Earth’s crust, and deposits are usually small and scattered.
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 ...
At $9.9bn, the mining giant is paying a high premium to become one of the world’s biggest lithium producers, as it bets on the future of the critical battery material. Rio Tinto chief executive ...
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 ...
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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 ...
Usually, you are expected to unlock characters by completing the game’s main adventure mode, where finding a fighter there immediately unlocks them in your roster. There are ways to unlock ...
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 ...