Tag: buy

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...

The transaction, which includes related mine assets, will be funded by New Found issuing LabGold a number of common shares in the company for C$20 million ($15m) divided by the closing price of the shares on the TSX Venture Exchange on the last trading...

The Maricunga project, located within the so-called lithium triangle in northern Chile, is estimated to contain about 1.9 million tonnes of lithium carbonate equivalent (LCE). The...