Owners
History
2024: Rio Tinto bought Arcadium for $6.7 billion
In October 2024, Rio Tinto announced the acquisition of the American lithium manufacturer Arcadium for $6.7 billion. The deal assumes that Rio Tinto will pay $5.85 in free cash for each Arcadium share, which is 90% more than the quotation rate of the company sold the day before the announcement of its sale.
After the deal closes, Rio Tinto will become the world's third-largest lithium producer, behind only America's Albemarle and Chile's SQM. Arcadium facilities are located in Argentina, Australia, Canada, China, Japan, Britain and the United States.[1]
Notes
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