Rio Tinto will acquire Arcadium Lithium in an all-cash deal worth $5.85 per share, valuing Arcadium at ~$6.7 billion.
The acquisition, at a 90 per cent premium to Arcadium’s last closing price, adds its global lithium operations to Rio Tinto’s portfolio.
The deal, expected to close in mid-2025, strengthens Rio Tinto’s position in energy transition commodities.
The acquisition, at a 90 per cent premium to Arcadium’s last closing price, adds its global lithium operations to Rio Tinto’s portfolio.
The deal, expected to close in mid-2025, strengthens Rio Tinto’s position in energy transition commodities.
