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 ...

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.

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 ...

(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.

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 ...

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.

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 ...

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 ...

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 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 ...