Global News Select

Rio Tinto in Talks to Acquire Arcadium Lithium

By Rhiannon Hoyle

 

Rio Tinto has made a takeover approach to New York-listed lithium producer Arcadium Lithium, the companies said in separate statements.

The approach is non-binding and there is no certainty a deal will be agreed, the companies said.

Arcadium Lithium said it is focused on its strategic vision and growth plans. The companies said they will not comment further unless an update is appropriate.

 

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

 

(END) Dow Jones Newswires

October 06, 2024 18:14 ET (22:14 GMT)

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