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 ...
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 ...
Mining giant Rio Tinto made global headlines with its recent acquisition of Arcadium Lithium for $6.7 billion, making it one of the top three lithium miners in the world. This move aligns with Rio ...
Rio Tinto Plc.’s $6.7 billion deal to buy Arcadium Lithium Plc. could shift the lithium industry’s prospects as it marks the arrival of the “mega miners” to the fray. Anglo-Australian Rio ...
Rio Tinto Plc is muscling in on the lithium market after a precipitous price collapse for the battery metal, betting it can build a portfolio of huge, low-cost mines that will outlast weaker rivals.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
But while rival BHP Group tested the waters since 2022, with the move for OZ Minerals Ltd. — and eventually bid unsuccessfully for Anglo American Plc, earlier this year — Rio has held back.
For years BHP and Rio Tinto, the world’s two most valuable miners, moved in lockstep. During the 2000s the twin Anglo-Australian giants rose on the back of China’s demand for commodities ...
The risk for Rio isn’t about demand, as China certainly is building lots of electric vehicles, but supply. Overshadowed by the country’s gargantuan commodity consumption, it’s easy to forget ...
The best time to visit Rio is between December and March, when the weather is warm and sunny enough to hit the beaches, although there may be quick but heavy downpours in the evenings. The city's ...
LONDON/MELBOURNE, Oct 9 (Reuters) - Rio Tinto (RIO.AX), opens new tab, (RIO.L), opens new tab has agreed to buy U.S. based Arcadium Lithium (ALTM.N), opens new tab for $6.7 billion, it said on ...