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good7news7soon on Nov 20, 2024 8:48pm
Rio Tinto in talks to buy U.S. lithium producer Arcadium
Mining giant Rio Tinto in talks to buy U.S. lithium producer Arcadium
Arcadium Lithium’s market value currently stands at $3.31 billion, according to data from LSEG. The company’s Australian-listed shares jumped over 42% in early Monday trade.
If the deal goes through, Rio Tinto would become one of the largest suppliers of lithium, trailing only Albemarle and SQM.
https://www.cnbc.com/2024/10/07/mining-giant-rio-tinto-in-talks-to-buy-us-lithium-producer-arcadium.html
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