Friday, November 15, 2024
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Arcadium

Rio Takes Step Toward M&A Redemption With $6.7 Billion Lithium Bet

(Bloomberg) -- A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase...

Analysis-Rio Tinto’s real prize: Arcadium’s lithium extraction technology

By Ernest Scheyder and Clara Denina(Reuters) - Rio Tinto's $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that...

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