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Rio Tinto’s Strategic Move to Acquire Arcadium Elevates its Lithium Standing

A Game-Changing Acquisition Rio Tinto, the second-largest miner globally, has announced its acquisition of United States-based lithium company Arcadium for $5.85 per share—a substantial 90% premium over Arcadium’s recent stock closing price of $3.08 on October 4. Rio Tinto’s New Lithium Frontier By purchasing Arcadium, Rio...