Arcadium Lithium Jumps After Report of Potential Rio Tinto Deal
Rio Tinto is said to be in negotiations to buy Arcadium in a deal that would value the lithium miner between US$4 billion to $6 billion, Reuters reported, citing unnamed sources. Shares of Arcadium jumped more than 30% after the report during after-market trading in New York late Friday.
Commenting on the Australian story, Barron's pointed out today that lithium prices are in a funk, and that lithium stocks look cheap. Arcadium Lithium in particular, which cost north of $13 a share ...
Shares in a handful of lithium players gained Friday amid rumours that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) might bid to ...
Arcadium Lithium shares gained after Macquarie increased its valuation on the lithium producer, following its strategy day.
Arcadium Lithium plc (NYSE:ALTM) is focused on the production of lithium chemicals products in the Asia Pacific, North ...
Stockhead on MSN20h
Monsters of Rock: M&A whispers see Arcadium rise above the lithium packSpeculation Rio Tinto could make a takeover play for Arcadium Lithium seems to have helped the miner avoid a red ... Read ...
There’s been suggestions for some time that Rio Tinto may join mining giant peer BHP in embarking on a big acquisition, and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback