Rio Tinto Sets Sights on Lithium Producer Arcadium
Rio Tinto, the world’s second-largest mining company, is eyeing a deal to acquire U.S.-Based lithium producer Arcadium. Both companies confirmed the news in individual statements, although no financial details have been released. While Rio Tinto emphasized that the deal is not guaranteed. Currently, Arcadium is worth around $3.1 billion, and its Australian-listed shares saw a…
John David