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Rio Tinto to acquire Arcadium Lithium for $6.7B
Rio Tinto goes all in on lithium with $6.7 billion Arcadium buy
Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a deal that will catapult it to become the world's third largest miner of the metal used in electric vehicle batteries.
Rio Tinto takes big battery metal step with Arcadium Lithium purchase
The purchase is seen as an attempt to boost its lithium portfolio and strengthen its position as the transition towards green energy continues. View on euronews
Lithium Stocks Surge on Rio Tinto’s Approach to Buy Arcadium
Shares of some lithium companies surged after Rio Tinto Group made an approach for Arcadium Lithium Plc. Lithium stocks have struggled amid excess supplies and weak demand for the key battery metal used in electric vehicles. The spot price for lithium carbonate in China is down more than 85% from its peak in 2022.
The Cool Down on MSN
4d
Researchers tout new design that could extend lifespans of lithium-metal batteries: 'To further prolong the cycle life ... to more than 1,000 cycles'
"Li-metal batteries are the holy grail of the battery field and viewed as a promising next-generation battery technique." ...
4h
Fact check: Is government seizing North Carolina lithium after Helene?
Some social media users said people engineered the hurricane to clear land in North Carolina to mine lithium, a metal used to ...
AZOM
9d
Exploring the Changing Microstructure of Lithium Metal During Cell Battery Cycling
Battery material scientists focus on developing new materials and improving existing ones to address the challenges ...
1d
Arcadium Merger Talks Light Up The Downtrodden Lithium Market
A 50% rise in the price of a downtrodden lithium producer has boosted investor hopes that a revival in the battery metal is ...
Science Daily
8d
Batteries News
Development of a Model Capable of Predicting the Cycle Lives of High-Energy-Density
Lithium-Metal Batteries
Aug. 19, 2024 — Scientists have developed a model capable of predicting the cycle ...
14h
The Lithium Triangle's Rise In The EV Race
Argentina, Chile and Bolivia make up the Lithium Triangle, which could eclipse China and Australia as the world's top lithium ...
1d
China is oversupplying lithium to eliminate rivals, US official says
China accounts for about two-thirds of the world's lithium chemical output, which is mainly used in battery technologies ...
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