Tag: Tinto

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...

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...

 “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...

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...