Rio Tinto to become a top lithium producer with $6.7 bln Arcadium buy

Rio Tinto announced an agreed all-cash deal to acquire Arcadium Lithium for $6.7 billion, making it one of the world’s largest lithium producers. The acquisition provides Rio Tinto with access to lithium mines and processing facilities across several countries and a customer base including Tesla and BMW. Rio Tinto announced an agreed all-cash deal to acquire Arcadium Lithium for $6.7 billion, making it one of the world’s largest lithium producers. The acquisition provides Rio Tinto with access to lithium mines and processing facilities across several countries and a customer base including Tesla and BMW.  Economic Times