Meet the world’s third largest lithium supplier
Rio Tinto has finalised its $US6.7 billion ($10.5 billion) acquisition of Arcadium Lithium, positioning the company as a leading lithium supplier.
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Rio–Arcadium deal targets March completion
Rio Tinto’s proposed $US6.7 billion ($10.75 billion) acquisition of Arcadium Lithium is now expected to be completed on March 6, with the transaction subject to approval by the Royal Court of Jersey and other customary closing conditions.
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Rio–Arcadium deal a step closer to completion
Rio Tinto’s proposed $US6.7 billion ($10.78 billion) acquisition of Arcadium Lithium has received clearance from the Committee on Foreign Investment in the United States (CFIUS).
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What lithium plans does Rio have in store for 2025?
It’s fair to say that lithium had a tough 2024.
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Rio–Arcadium deal on track for mid-2025
Rio Tinto’s $US6.7 billion ($10 billion) acquisition of Arcadium Lithium has been unanimously approved by both companies’ boards of directors, with the deal expected to be finalised by mid-2025.
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Arcadium to put Mt Cattlin on hold
Arcadium Lithium will transition its Mt Cattlin mine in Western Australia into care and maintenance following the recent softening of lithium prices.
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