October 9, 2024

Ranking the world’s top lithium producers

Acquiring Arcadium makes Rio Tinto one of the world's largest lithium producers.

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

Lithios secures $12 million to scale its lithium extraction technology

The company says its ALE technology can unlock sources of lithium previously considered uneconomical and inaccessible.

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

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 8, 2024

Princeton University rekindles ties to fossil fuels

Faculty can now accept research funding from coal, gas, and oil companies for projects focused on reducing carbon emissions.

October 8, 2024

Gold ETFs registered fifth month of inflows in September, says WGC

A stronger gold price and recent inflows pushed total assets under management to a month-end peak of $271 billion.

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.