Mining giant Rio Tinto buys US lithium producer Arcadium
The Rio Tinto Group is acquiring Arcadium for 6,7 billion dollars. With the deal it will become one of the largest suppliers of lithium, which is mined in evaporation ponds in Argentina, among other places /Arcadium
Rio Tinto Group, the world's second-largest mining group, is to buy U.S. lithium producer Arcadium Lithium Plc. The British-Australian group is putting 6,7 billion dollars, or 6,1 billion euros, on the table for the acquisition.
This is Rio Tinto's largest deal in 17 years. With the acquisition,
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