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 billion. This acquisition represents a major strategic maneuver to consolidate Rio Tinto’s standing within the burgeoning market for critical minerals, particularly those essential for renewable energy technologies and the electric […]
In a significant development in the global lithium market, Arcadium Lithium plc confirmed that it has been approached by mining giant Rio Tinto regarding a potential acquisition. The approach, which remains non-binding, is part of Rio Tinto’s bid to expand its footprint in the lithium sector amid growing demand for electric vehicle (EV) batteries and […]
Arcadium Lithium plc has acquired Li-Metal Corp’s lithium metal business in an all-cash deal valued at $11 million. The acquisition includes key intellectual property and assets related to lithium metal production, including a pilot facility in Ontario, Canada. Strategic Acquisition to Bolster Market Presence Arcadium Lithium plc, a prominent player in the lithium industry, has […]
Arcadium Lithium plc (NYSE: ALTM, ASX: LTM) announced the completion of the all-stock merger of equals between Allkem and Livent, forming a leading global lithium chemicals producer. The newly combined company, with approximately U.S. $1.9 billion in total revenue for 2022 and a team of over 2,600 employees, is now one of the largest integrated […]