Rio Tinto plc Sponsored

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper and Diamonds, Energy and Minerals, and Other Operations. The Iron Ore segment supplies global seaborne iron ore trade. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper and Diamonds segment offers gold, silver, molybdenum and other by-products. The Energy and Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the the curtailed Gove alumina refinery and Rio Tinto Marine operations. Rio Tinto was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.

Arcadium Lithium PLC

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) is spending nearly $7 billion to acquire diverse lithium company Arcadium Lithium, a sign of confidence in the long-term demand for lithium. Earlier this week, Rio Tinto announced its plan to acquire Arcadium Lithium PLC (NYSE:ALTM, ASX:LTM) in an all-cash transaction valued at $5.85 per share, representing a 90% premium to Arcadium's recent closing price.

Rio Tinto bets big on long-term lithium demand with Arcadium acquisition

Rio Tinto's $6.7 billion acquisition of Arcadium Lithium positions it as a major player in the growing lithium market, despite current low prices. The company continues to perform well, with strong earnings and a high FCF yield, supporting a comfortably affordable dividend of over 4%. Rio Tinto's growth projects, including Simandou and Pilbara Iron Ore, promise substantial future revenue and production increases.

Rio Tinto's Arcadium Acquisition An Intelligent Move

Rio Tinto's $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries.

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

Rio Tinto Group (NYSE:RIO ) Acquisition of Arcadium Lithium Conference October 9, 2024 4:30 AM ET Company Participants Jakob Stausholm - Chief Executive Paul Graves - CEO, Arcadium Lithium Conference Call Participants Liam Fitzpatrick - Deutsche Bank AG Alain Gabriel - Morgan Stanley Kaan Peker - RBC Capital Markets Robert Stein - Macquarie Research Glyn Lawcock - Barrenjoey Markets Pty Limited Ephrem Ravi - Citigroup Inc. Patrick Mann - BofA Securities Richard Hatch - Berenberg Mitch Ryan - Jefferies Operator Jakob Stausholm Good morning to everyone in the UK and good evening to those of you joining from Australia. Thank you for tuning in.

Rio Tinto Group (RIO) CEO Jakob Stausholm Hosts Acquisition of Arcadium Lithium Conference (Transcript)

“Mega miner” Rio Tinto is shaking up the industry at a time lithium prices have dropped more than 60%.

Rio Tinto's $6.7 billion lithium deal could usher consolidation in key industry for EVs

Arcadium Lithium (ALTM, Financial) shares soared 30.54% today, reaching a price of $5.54, following Rio Tinto's announcement of its plan to acquire the company for $6.7 billion. This strategic move positions Rio Tinto as a major player in the high-growth lithium market, aligning with their vision to capitalize on a market primed for a rebound.

Rio Tinto's Acquisition of Arcadium Lithium (ALTM) Boosts Lithium Stocks

Rio Tinto plc ADR (NYSE:RIO) is getting into the lithium market.

Mining Stock Extends Slump After Big Purchase

Rio Tinto is buying fallen lithium stock Arcadium Lithium for $6.7 billion, capitalizing on a crash in lithium prices. Albemarle, seen as a potential M&A target, rallied.

Rio Tinto Buys Fallen Lithium Stock As Battery Metal Price Bottoms; Albemarle Gets Target Boost

Shares of Arcadium Lithium (ALTM) are soaring in premarket trading Wednesday, after Rio Tinto (RIO) announced plans to acquire the lithium miner for $5.85 per share in an all-cash deal.

Arcadium Lithium Stock Soars as Rio Tinto Announces $6.7B Acquisition

Lithium has become a priority target for Rio Tinto as it seeks to produce more commodities that are growing in popularity as the world decarbonizes.

Rio Tinto to Acquire Arcadium Lithium for $6.7 Billion

Lithium is a key component in electric-vehicle batteries and Rio is diversifying away from its core products to prepare for the energy transition.

Rio Tinto Agrees $6.7 Billion Arcadium Deal. Why It's Buying the Dip in Lithium.

Rio Tinto said the deal would be an all-cash transaction for $5.85 per share, representing a premium of 90% to Arcadium's Oct. 4 closing price of $3.08 per share. Arcadium Lithium's market value currently stands at $4.56 billion, according to LSEG data, with shares rallying 37% so far this week.

Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal

Rio Tinto, the world's second-largest miner, has announced its acquisition of US-based Arcadium Lithium for $6.7 billion. The all-cash transaction values Arcadium at $5.85 per share, reflecting a 90% premium on its closing price of $3.08 on Oct. 4.

Rio Tinto to acquire US lithium producer Arcadium in a $6.7 billion deal

Rio Tinto (RIO, Financial), the world's second-largest mining company, has received board approval for its $6.7 billion cash acquisition of Arcadium Lithium (ALTM). This strategic move aims to position Rio Tinto as a leading producer of critical battery materials.

Rio Tinto (RIO) to Acquire Arcadium Lithium (ALTM) for $6.7 Billion

Rio Tinto on Wednesday struck a deal to acquire Arcadium Lithium for $6.7 billion, as the global miner extends its operations in another commodity needed for the energy transaction.

Rio Tinto strikes $6.7 billion deal to buy Arcadium Lithium

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF)has agreed terms to acquire US-listed Arcadium Lithium in an all-cash deal worth US$5.85 per share or US$6.7 billion (£5.1 billion) in total. Flagged at the weekend when talks were confirmed, Rio said the deal brings into the business a world-class, complementary lithium producer and establishes it as a global leader in energy transition commodities “from aluminium and copper to high-grade iron ore and lithium”.

Rio Tinto agrees £5bn 'counter-cyclical' Arcadium Lithium purchase

Rio Tinto said on Wednesday that it will acquire Arcadium Lithium in an all-cash transaction, valuing the latter at $6.7 billion.

Rio Tinto to buy Arcadium Lithium for $6.7 bln

RIO shares are undervalued compared to competitors, offering a compelling buy opportunity, especially with potential price declines post earnings on Oct. 15. Despite a 10.8% share price drop in 2024, RIO remains a leading mining company with diverse capabilities and a strong market position. RIO's potential acquisition of a lithium producer at low prices could be highly accretive if lithium prices recover, enhancing its market position.

Update On Rio Tinto Before Earnings

American Airlines

Mining companies suffered a harsh reversal on Tuesday as concerns about China's stimulus eased. Glencore (LON: GLEN) share price has dropped by more than 4% from its highest level this week.

Here's why Glencore, Rio Tinto, Anglo American shares reversed

Rio Tinto (RIO, Financial) has announced its acquisition of Arcadium Lithium (ALTM), stirring excitement in the lithium industry and causing stock prices of related companies to surge. This strategic move positions Rio Tinto as the world's third-largest lithium producer, following Albemarle and SQM.

Rio Tinto (RIO) Acquisition of Arcadium Lithium (ALTM) Spurs Market Excitement

Arcadium Lithium (ALTM, Financial) witnessed a notable surge in its stock price today, experiencing a 34.25% increase, landing at $4.135. This significant movement follows the news of a potential buyout offer from mining giant Rio Tinto Group, heightening investor interest.

Arcadium Lithium (ALTM) Jumps on Buyout Offer from Rio Tinto

RIO confirms that it is in discussions to acquire Arcadium Lithium in a bid to grow its lithium portfolio.

Rio Tinto Confirms Acquisition Offer for Arcadium Lithium

Rio Tinto, a global mining giant, has reportedly engaged in preliminary talks to acquire Arcadium Lithium Plc. Arcadium confirms these discussions are informal, and it remains uncertain whether a deal will occur.

Rio Tinto Eyes Arcadium Lithium Acquisition Amidst Global Energy Shift

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Rio Tinto (RIO) Is Considered a Good Investment by Brokers: Is That True?

Following speculation on October 5th that Rio Tinto (RIO, Financial) was considering acquisition of two lithium producers; Albemarle (ALB, Financial) and Arcadium Lithium (ALTM, Financial), Arcadium Lithium confirmed receiving a non-binding approach from Rio Tinto on October 6th. However, as PRNewswire conveyed, Arcadium emphasized that there are no further official comments until there is news to share.

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