Rio Tinto to form new lithium unit after Arcadium buy, memo says
3 hours ago · Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium , according to an internal memo seen by ...
Rio Tinto to form new lithium unit after Arcadium buy
6 hours ago · Arcadium’s shareholders approved the sale last month and closing is expected by July. The new business, Rio Tinto Lithium, will assume control of Rio’s $2.5 billion Rincon project in Argentina but not its controversial Jadar lithium project in Serbia.
Rio Tinto to form new lithium unit after Arcadium acquisition
12 hours ago · Rio Tinto (NYSE:RIO) plans to create a standalone lithium division after it closes its $6.7B acquisition of Arcadium Lithium , Reuters reported Friday, citing an internal company memo.
Rio Tinto to acquire Arcadium Lithium
Oct 9, 2024 · Rio Tinto and Arcadium Lithium plc (“Arcadium Lithium” or “Arcadium”) (NYSE: ALTM) (ASX: LTM) today announced a definitive agreement (the “Transaction Agreement”) under which Rio Tinto will acquire Arcadium in an all-cash transaction for …
Rio Tinto to acquire Arcadium Lithium
Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminium and copper operations to supply materials needed for the energy transition.
Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy
Oct 9, 2024 · Rio Tinto , has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a deal that will catapult it to become the world's third largest miner of the metal used in...
Arcadium Lithium Confirms Approach by Rio Tinto
Oct 6, 2024 · Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today confirmed that it has been approached by Rio Tinto regarding a potential acquisition of Arcadium Lithium by Rio Tinto. The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed.
Acquisition of Arcadium Lithium - Rio Tinto
Oct 9, 2024 · Bringing our scale, development capabilities and financial strength to the Arcadium Lithium portfolio. Visit the Rio Tinto and Arcadium website to find out more.
Rio Tinto Acquires Arcadium in $6.7 Billion Deal to Become Top …
Oct 14, 2024 · 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.
Rio Tinto signs $6.7bn deal to acquire Arcadium Lithium
Oct 10, 2024 · Rio Tinto has signed a definitive agreement to acquire US-based Arcadium Lithium in an all-cash transaction valued at approximately $6.7bn. Under the deal terms, Rio Tinto’s indirect wholly owned subsidiary, Rio Tinto BM Subsidiary, …