Rio Tinto to form new lithium unit after Arcadium buy, memo says

Jan 17, 2025 · Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium , according to an internal …

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Rio Tinto To Form New Lithium Unit After Arcadium Buy, Memo Says

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Jan 17, 2025 · Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium , according to an internal …

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Rio Tinto To Form New Lithium Unit After Arcadium Buy

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Jan 17, 2025 · The world’s second largest miner Rio Tinto (ASX, LON: RIO) plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium (ASX: …

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Rio Tinto To Form New Lithium Unit After Arcadium Buy, Memo Says

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Jan 17, 2025 · The new business, Rio Tinto Lithium, will assume control of Rio's $2.5 billion Rincon project in Argentina but not its controversial Jadar lithium project in Serbia. This is to …

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Rio Tinto To Form New Lithium Unit After Arcadium Buy, Memo Says

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LONDON/HOUSTON, Jan 17 (Reuters) - Anglo-Australian mining giant Rio Tinto plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium, …

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Rio Tinto To Form New Lithium Unit After Arcadium Acquisition

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Jan 17, 2025 · Anglo-Australian mining giant Rio Tinto plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium, according to an internal …

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Rio Tinto’s $10.7b Lithium Takeover Wins Shareholder Approval

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Dec 24, 2024 · Rio wants control of Arcadium’s Olaroz lithium brines asset in Argentina. Investors representing about 67 per cent of Arcadium shares turned up to vote at the meeting.

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Rio Tinto Goes All In On Lithium With $6.7 Billion Arcadium Buy

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Oct 9, 2024 · LONDON/MELBOURNE (Reuters) -Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a deal that will catapult it to become …

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Rio Tinto To Form New Lithium Unit After Arcadium Acquisition

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Jan 17, 2025 · Rio Tinto (NYSE:RIO) plans to create a standalone lithium division after it closes its $6.7B acquisition of Arcadium Lithium (ALTM), Reuters reported Friday, citing an internal …

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Rio Tinto Eyes Stand-Alone Lithium Unit After Arcadium Deal …

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Jan 17, 2025 · Rio Tinto is planning to form a standalone unit for its lithium operations once it completes the $6.7 billion acquisition of Arcadium Lithium , Reuters reported Friday, citing an …

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Rio Tinto Goes All In On Lithium With $6.7 Billion Arcadium Buy

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Oct 9, 2024 · Rio Tinto , has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a deal that will catapult it to become the world's third largest miner of the metal …

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Mining Giant Rio Tinto To Form New Lithium Unit After Arcadium ...

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Jan 17, 2025 · Anglo-Australian mining giant Rio Tinto RIO-N plans to create a standalone lithium division after it closes its $6.7-billion acquisition of Arcadium Lithium, according to an internal …

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Rio Tinto To Form New Lithium Unit After Arcadium Buy

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Jan 17, 2025 · The new business, Rio Tinto Lithium, will assume control of Rio’s $2.5 billion Rincon project in Argentina but not its controversial Jadar lithium project in Serbia. This is to …

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FAQs about Rio Tinto to form new lithium unit after Arcadium buy, memo says Coupon?

Will Rio Tinto create a lithium Division after acquiring Arcadium lithium?

Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium , according to an internal memo seen by Reuters. ...

Why did Rio Tinto acquire Arcadium?

Rio Tinto to create standalone lithium division with acquisition of Arcadium, emphasizing focus on successful integration and future value. ...

What's going on with Rio Tinto lithium?

The new Rio Tinto Lithium unit will manage the $2.5bn Rincon project in Argentina. The deal is set to close by July. Credit: Adwo via Shutterstock. Rio Tinto is reportedly set to establish a standalone lithium division following the completion of its $6.7bn acquisition of Arcadium Lithium. ...

Will Rio Tinto lithium take control of Jadar Lithium Project?

The new business, Rio Tinto Lithium, will assume control of Rio’s $2.5 billion Rincon project in Argentina but not its controversial Jadar lithium project in Serbia. This is to “ensure we give laser focus to successful integration once the transaction completes,” Rio’s Stausholm told employees in the memo. ...

Will Rio buy Arcadium?

Rio will also inherit Arcadium’s lithium processing assets in Japan, China and North America, which turn the raw material into battery-grade lithium. Tuesday morning’s vote comes after a month in which Arcadium’s share price had traded well below Rio’s offer of $US5.85. ...

Are Rio Tinto and Arcadium lithium group forward-looking statements qualified?

All subsequent oral or written forward-looking statements attributable to any member of the Rio Tinto Group or Arcadium Lithium Group, or any of their respective associates, directors, officers, employees or advisers, are expressly qualified in their entirety by the cautionary statement above. ...