[ TRANSACTION RECORD ]

Rio Tinto Investment in Rio Tinto Arcadium Lithium — 2024

VERIFIED VECTOR ID: 002214 · tx-310
M SOURCE NODE — FUNDER
Rio Tinto
Mining United Kingdom
$6,700,000,000
EQUITY
09/10/2024
Q DESTINATION NODE — RECIPIENT
Rio Tinto Arcadium Lithium
SPV 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 Rio Tinto Arcadium Lithium
Entity Type SPV
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 for electric vehicles. This transaction provides Rio Tinto with mining and processing facilities in the Americas and Australia. This deal is a major institutional move to secure critical minerals for the global green technology supply chain.

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