Rio Tinto to become world’s third-largest lithium producer with Arcadium Lithium acquisition

Pallavi Madhiraju- October 10, 2024 0

Rio Tinto, one of the world’s foremost mining conglomerates, has announced its plan to acquire US-based Arcadium Lithium in an all-cash transaction valued at $6.7 ... Read More

Liontown Resources faces acquisition setback as Albemarle withdraws proposal

Pallavi Madhiraju- October 16, 2023 0

Emerging Tier-1 battery minerals producer, Liontown Resources Limited (ASX: LTR), shared a significant update on the non-binding indicative proposal they received from Albemarle Corporation. Initially ... Read More

Albemarle proposes final A$3 per share acquisition offer for Liontown Resources

Pallavi Madhiraju- September 4, 2023 0

Albemarle Corporation has extended its final offer to acquire all outstanding shares of Liontown Resources Limited for A$3.00 per share or A$6.6 billion ($4.3 billion) ... Read More

Albemarle to invest up to $50m to double lithium production at Silver Peak facility

Pallavi Madhiraju- January 9, 2021 0

Albemarle has revealed plans to invest $30m to $50m to double the capacity at its lithium production facility in Silver Peak, Nevada by 2025 in ... Read More