October 11, 2024

Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Arcadium, through a predecessor company, was the first to develop an early version of a DLE technology in the 1990s.

October 11, 2024

Patriot Lithium expands into copper with Zambia project

Patriot believes the Katwaro project will complement its lithium assets and provide jurisdictional diversity.

October 10, 2024

Coal expansion helps lure insurers back to Whitehaven

The development follows Sydney-based Whitehaven’s $3.2 billion purchase of coking-coal operations from BHP Group.

October 9, 2024

Rio arrives in lithium with a survival-of-the-fittest mentality

The company is planning to invest heavily in further expansion ahead of an anticipated 2030s demand boom.

October 9, 2024

Rio pays premium multiple for Arcadium in biggest deal since 2007

“We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair price, and that’s what…

October 8, 2024

Rio Tinto buys Arcadium for $6.7 billion cash

Rio's offer is at the high end of expectations representing a premium of 90% to Arcadium’s closing price on October 4.

October 8, 2024

Arcadium’s vast lithium portfolio lures Rio at the right time

So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans.

October 8, 2024

Atlantic Lithium secures final permit to build Ghana mine

The Ewoyaa mine and processing plant will be Ghana’s first lithium operation and also the company's first mine.

October 8, 2024

China is oversupplying lithium to eliminate rivals, US official says

"That is an intentional response by the People's Republic of China to what we are trying to do" with the Inflation Reduction Act.

October 8, 2024

Hopes for repeat of May’s copper price blowout fade

Copper prices fell sharply on Tuesday after hopes of further stimulus in China evaporated and conditions for a repeat of May’s record setting squeeze faded.