Rio Tinto in talks to buy lithium producer Arcadium
By acquiring Arcadium, Rio Tinto is expected to gain access to lithium mines, processing facilities and deposits in Argentina, Australia, Canada and the US
Rio Tinto, a British-Australian multinational metals and mining giant, is in talks to buy lithium producer Arcadium, as it is looking to use the opportunity following a slump in lithium prices, according to a news report published by Reuters on Oct. 7.
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