Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal
The world's second-largest miner Rio Tinto said Wednesday it will acquire U.S. lithium producer Arcadium for $6.7 billion.
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Mining giant Rio Tinto in talks to buy U.S. lithium producer Arcadium
The world's second-largest miner Rio Tinto expressed interest in acquiring U.S. lithium producer Arcadium, the two companies confirmed in separate statements on Monday.
Rio Tinto in talks to buy lithium miner Arcadium, sources tell Reuters
Rio Tinto has been holding talks to buy lithium miner Arcadium, three sources with direct knowledge of the negotiations said, a deal that would make Rio the third-largest producer of the electric vehicle battery metal.
Albemarle cuts back lithium processing in Australia amid price slump
SYDNEY -- U.S. lithium giant Albemarle will scale back operations at its lithium processing plant in Australia and halt expansion of the facility due to the prolonged downturn in prices for the metal.
Lithium giant Albemarle halts Australia plant expansion, reviews costs on weak lithium prices
Lithium mining giant Albemarle will halt the expansion of a manufacturing plant in Australia, as the company reviews costs due to headwinds from weak lithium prices.