[ TRANSACTION RECORD ]

Rio Tinto Investment in Arcadium Lithium — 2024

VERIFIED VECTOR ID: 001558 · tx-086
M SOURCE NODE — FUNDER
Rio Tinto
Mining United Kingdom
$6,700,000,000
EQUITY
09/10/2024
Q DESTINATION NODE — RECIPIENT
Arcadium Lithium
Company Ireland
Amount (USD)
$6.7B
Flow Type
EQUITY
Transaction Date
09/10/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Rio Tinto
AUM 120000
HQ Location United Kingdom
Sector Mining
Recipient Profile [ Q ]
Entity Arcadium Lithium
Entity Type Company
Jurisdiction Ireland
Intelligence Note

Rio Tinto entered into a definitive agreement to acquire Arcadium Lithium for 6.7 billion dollars to become a global leader in battery-grade chemicals. The transaction provides Rio Tinto with lithium production facilities in Argentina, Australia, and Canada. This deal is a major institutional move to secure critical minerals for the global electric vehicle supply chain.

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Primary Forensic Source https://www.riotinto.com/news/releases/2024/Rio-Tinto-to-acquire-Arcadium-Lithium/
✓ SOURCE LINKED