Rio Tinto has completed its US$6.7bn acquisition of Arcadium Lithium and is now entering the market with a new subsidiary that holds one of the largest lithium resource bases in the world. Arcadium’s portfolio includes five assets in Argentina, all with expansion projects underway, but various challenges remain to be addressed regarding these initiatives. The lithium market remains attractive even after a period of oversupply.
March 10, 2025
SOURCE: BN AMERICAS
Rio Tinto amps up lithium game but roadblocks remain in Argentina