Rio Tinto signs definitive agreement to acquire Arcadium Lithium

News
M&A
ATI News Team

After acquiring Arcadium Lithium, Rio Tinto is expected to become one of the largest suppliers of lithium globally, following only Albemarle and SQM

Rio Tinto, the world’s second-largest mining company, has signed a definitive agreement with Arcadium Lithium to acquire the lithium producer for $6.7 billion, according to a news report published by CNBC on Oct. 9.

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