Mining company Rio Tinto is in talks to buy New York-listed lithium producer Arcadium Lithium ALTM0.36%increase; green up pointing triangle, its latest attempt to establish a foothold in the fast ...
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 ...
ANDREJ ISAKOVIC / AFP via Getty Images Shares of Albemarle and other lithium producers advanced Friday following a report that giant miner Rio Tinto might be looking to make an acquisition in the ...
Rio Tinto's American depositary receipts (ADRs) were down 1.5% to $65.65. Investopedia requires writers to use primary sources to support their work. These include white papers, government data ...
Arcadium Lithium (NYSE:ALTM) +38.3% post-market Friday after Reuters reports Rio Tinto (RIO) is in talks to buy the lithium miner, in a deal that would make Rio the third-largest producer of the ...
(Bloomberg) -- Shares of Arcadium Lithium Plc jumped after a report said Rio Tinto Plc is in talks to buy the smaller miner. Rio Tinto is said to be in negotiations to buy Arcadium in a deal that ...
If the deal goes through, Rio Tinto will become the third largest supplier of lithium, behind only after Albemarle and SQM. Rio Tinto CEO Jakob Stausholm said the purchase is a “significant step ...
Oct 4 (Reuters) - Rio Tinto (RIO.L), opens new tab, (RIO.AX), opens new tab has been holding talks to buy lithium miner Arcadium (ALTM.N), opens new tab, three sources with direct knowledge of the ...
PHILADELPHIA and PERTH, Australia, Oct. 6, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today confirmed that it has been approached by Rio Tinto regarding a ...
Diversified major Rio Tinto’s move to acquire Arcadium Lithium in an all-cash transaction of $8.85 a share makes strategic sense, allowing the major to quickly increase exposure to the key ...
Rio Tinto, the world's second-largest miner, is eyeing a potential takeover of U.S. lithium producer Arcadium. Both parties confirmed on Monday that discussions are underway regarding the acquisition.
In the Pilbara, the company produced 84.1 million tonnes (Rio Tinto share 71.0 million tonnes) in the third quarter, 1% higher than the corresponding period of 2023. Productivity gains continue to ...