RIO News: Rio Tinto Confirms Acquisition Offer for Arcadium Lithium - 8th Oct 2024, 2:39am

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Rio Tinto RIO has confirmed that it has made a non-binding offer to acquire Arcadium Lithium ALTM. RIO emphasized that there is no certainty that any transaction will come through. Arcadium Lithium is a global vertically integrated lithium chemical producer with low-cost assets and diversified high-quality product offerings.

Arcadium Lithium’s Strategic Plans Offer Potential for RIO

Arcadium Lithium was created in January 2024 following the merger between Livent and Allkem. It produces li...

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