Rio Tinto: acquires Arcadium Lithium
(CercleFinance.com) - Rio Tinto has acquired Arcadium Lithium for $6.
7bn.
This acquisition makes Rio Tinto a global leader in the supply of energy transition materials and a major lithium producer, with one of the largest lithium resource bases in the world, it says.
Rio Tinto Lithium aims to increase the capacity of its Tier 1 assets to over 200,000 tonnes per annum of lithium carbonate equivalent (LCE) by 2028.
Jakob Stausholm, chief executive of Rio Tinto, said that by combining Rio Tinto's scale, financial strength, operational experience and project development with Arcadium's Tier 1 assets, technical and commercial capabilities, we are creating a world-class lithium business that complements our core iron ore, aluminum and copper businesses.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
7bn.
This acquisition makes Rio Tinto a global leader in the supply of energy transition materials and a major lithium producer, with one of the largest lithium resource bases in the world, it says.
Rio Tinto Lithium aims to increase the capacity of its Tier 1 assets to over 200,000 tonnes per annum of lithium carbonate equivalent (LCE) by 2028.
Jakob Stausholm, chief executive of Rio Tinto, said that by combining Rio Tinto's scale, financial strength, operational experience and project development with Arcadium's Tier 1 assets, technical and commercial capabilities, we are creating a world-class lithium business that complements our core iron ore, aluminum and copper businesses.
Copyright (c) 2025 CercleFinance.com. All rights reserved.