There was a moment about four years ago when China’s biggest battery maker was willing to pay $US1 billion for a 50 per cent stake in Rio Tinto’s Jadar lithium ...
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 ...
SYDNEY—Rio Tinto RIO-1.02%decrease; red down pointing triangle has agreed to a $6.7 billion takeover of Arcadium Lithium ALTM-1.47%decrease; red down pointing triangle, propelling it into the ...
The French high jewelry artist went to Paraiba tourmaline mines to work with miners and hand select his gems for a pair of one-of-a-kind earrings ...
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.
Gift 5 articles to anyone you choose each month when you subscribe. Rio Tinto will spend $US6.7 billion ($9.9 billion) consolidating the world’s biggest lithium ...
(Reuters) -Rio Tinto is in talks to buy lithium producer Arcadium, with the global miner looking to pounce following a slump in prices for the ultralight metal used to make electric-vehicle batteries.
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 ...
Shares of some lithium companies surged after Rio Tinto Group made an approach for Arcadium Lithium Plc. Lithium stocks have struggled amid excess supplies and weak demand for the key battery ...
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 ...
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 ...