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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...

BHP, Rio Tinto to fast-track electric haul truck trials

Caterpillar and Komatsu will each provide two trucks to both mining giants for these trials. BHP will trial the Caterpillar trucks, while Rio Tinto will test the Komatsu trucks. The CAT 793 trucks’ trails will be begin in the second half of 2024. The two...

Rio Tinto donates $875,000 to Missouri University to research critical minerals recovery from waste

 “There is currently little-to-no production of these two elements in the United States, and we rely to an alarming extent on importing them,” Alagha says. “If successfully implemented, our research could lead to a much stronger domestic supply of these important resources.”  She says recovering...

Rio, Eramet seek winning Chile’s lithium mining tech deals

“It is crucial for Enami to learn about processes that contribute to the creation of projects with the lowest possible environmental impact,” the ore-processing company said in a statement. “We seek to collaborate in the construction of a sustainable future, where the production of critical...

Rio Tinto’s Emphasis on Developing Copper Mines over Acquisitions Rio Tinto’s Emphasis on Developing Copper Mines over...

Amidst the fervor of copper production expansion, Rio Tinto is steering its focus towards the development of mines in Mongolia, Utah, and beyond, amplifying its global exploratory endeavors. The mining giant...