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.
October 7, 2024 Iron ore price plunges as China fails to deliver fresh stimulus Iron ore price down more than 5% on Chinese stimulus disappointment.
October 7, 2024 Timeline: Owners of Arcadium’s lithium assets through the years Arcadium was formed only in January by the merger of Australia-based Allkem and US-based Livent.
October 7, 2024 Iron ore price rally continues Iron ore rose — adding to two big weekly gains — on speculation China’s top economic planner will unveil more stimulus measures on Tuesday.
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