Rio Tinto to acquire Arcadium Lithium for $5.85 per share

Rio Tinto agreed to acquire Arcadium Lithium in an all-cash transaction at US$5.85 per share, adding lithium production capacity of 75,000 tonnes LCE annually with plans to double by 2028.

“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.”miningmetalnews.com

• 3 sources
• miningmetalnews.comRio Tinto to acquire Arcadium LithiumSimon MatthisOct 10, 2024
• stocks.observer-reporter.comRio Tinto completes acquisition of Sumitomo’s 20.64% stake in New Zealand’s aluminium smelterRio TintoNov 1, 2024
• akm.ruRio Tinto has signed an agreement to acquire Arcadium Lithium for $6.7 billion | AKM ENAK&MNov 10, 2024

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