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SYDNEY—Rio Tinto RIO-1.02%decrease; red down pointing triangle has agreed to a $6.7 billion takeover of Arcadium Lithium ALTM-1.47%decrease; red down pointing triangle, propelling it into the ...
Formerly beaten-down metallurgy stock Arcadium Lithium (NYSE: ALTM) saw a dramatic reversal in its fortunes over the past few days. First on rumors, then shortly thereafter on solid news that it ...
Wall Street expects a year-over-year decline in earnings on higher revenues when Arcadium (ALTM) reports results for the quarter ended September 2024. While this widely-known consensus outlook is ...
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 transition. Steven ...
Rio's $6.7 bln Arcadium buyout brings access to lithium technology Direct lithium extraction could grow to $10 bln annual industry Rio CEO thinks DLE could supply much of world's lithium Analyst ...
Based on the one-year price targets offered by 7 analysts, the average target price for Arcadium Lithium PLC (ASX:LTM) is $8.26 with a high estimate of $8.70 and a low estimate of $6.56.
Rio Tinto will acquire Arcadium Lithium in an all-cash transaction for $5.85 per share. The deal has been unanimously approved by both boards of directors and is expected to close in mid-2025.