British-Australian multinational mining and metals company Rio Tinto and global lithium producer Arcadium Lithium, headquartered in Ireland, have made an agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share. The deal will bring Arcadium’s lithium business into Rio Tinto’s portfolio of commodities that include aluminum, copper, high-grade iron… Read more »
Search Results Found For: "Arcadium Lithium"
Arcadium Lithium buys Li-Metal IP and assets
Arcadium Lithium has acquired the lithium metal business of Li-Metal in an $11 million all-cash deal that includes the company’s intellectual property and physical assets related to lithium metal production, including a pilot production facility in Ontario, Canada. The acquisition is expected to provide a safer, lower cost and more sustainable process for lithium metal… Read more »