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 establish lithium unit post Arcadium acquisition
4 days ago · Rio Tinto is reportedly set to establish a standalone lithium division following the completion of its $6.7bn acquisition of Arcadium Lithium. The acquisition was announced in October last year and is expected to close by July 2025. It highlights the value Rio Tinto sees in Arcadium’s engineering expertise.
Rio Tinto to form new lithium unit after Arcadium buy, memo says
Jan 17, 2025 · 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 days ago · 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 executives plan to absorb Arcadium slowly out of concern that forcefully integrating the lithium producer could prompt an exit of talent that could abrogate the deal’s ...
Rio Tinto Buyout Deal Receives Arcadium Lithium Shareholder …
Dec 26, 2024 · Rio Tinto will acquire Arcadium Lithium in an all-cash transaction of $5.85 per share, adding Arcadium Lithium's world-class, complementary lithium business into RIO’s portfolio. This...
Arcadium Lithium gets shareholder nod for $6.7bn buyout by Rio Tinto
Dec 26, 2024 · US lithium producer Arcadium Lithium has secured shareholder approval for its acquisition by mining giant Rio Tinto in an all-cash transaction valued at around $6.7bn. The deal, announced in October this year, would make Rio Tinto one of the world’s largest lithium suppliers.
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...
Acquisition of Arcadium Lithium | Global - Rio Tinto
Oct 9, 2024 · Creating a world-leading lithium business. Bringing our scale, development capabilities and financial strength to the Arcadium Lithium portfolio. Visit the Rio Tinto and Arcadium website to find out more.
Arcadium Lithium Stock Soars as Rio Tinto Announces $6
Oct 9, 2024 · 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)...
Rio Tinto buys Aracadium Lithium | Financial Post
Oct 9, 2024 · Rio Tinto Ltd. has agreed to buy Arcadium Lithium PLC in an all-cash deal valuing the U.S.-listed miner at US$6.7 billion, expanding its grip on the battery metal and stepping back into the M&A fray with its biggest deal in 17 years.