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.
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 signs $6.7bn deal to acquire Arcadium Lithium - Mining …
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, …
Rio Tinto to form new lithium unit after Arcadium buy
3 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 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...
Rio Tinto confirms approach to Arcadium Lithium
MELBOURNE, Australia-- (BUSINESS WIRE)-- Rio Tinto today confirmed that it has made an approach to Arcadium Lithium 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 …
Rio Tinto’s $6.7B Acquisition Unleashes Arcadium Lithium’s …
Oct 18, 2024 · In a monumental turn of events, Rio Tinto (RIO) and Arcadium Lithium have announced a definitive agreement for Rio Tinto to acquire Arcadium in an all-cash transaction valued at...
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.
Frequently asked questions - riotintoandarcadium.com
Rio Tinto looks forward to building on Arcadium’s history of commercial excellence that includes multi-year relationships with leading OEMs and battery companies, by ensuring reliable, low cost and sustainable supply.