Rio Tinto to buy chemical firm Arcadium Lithium in deal worth billions mining Rio Tinto is set to acquire the chemical producer Arcadium Lithium in a $6.7bn (£5.12bn) deal. The multinational mining behemoth announced the all-cash transaction this morning and called the acquisition of the global business a “significant step forward”. It amounts to $5.85 per share, and a premium of 90 per cent on Arcadium’s closing price [...]
Anglo American shareholders push for faster turnaround plan after BHP takeover swoop Mining Anglo American's largest shareholders are pressurising the company into publishing its turnaround plan as soon as it can to inform their views on the interest in the firm from BHP Group.
US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up Energy Rainbow Rare Earths, listed on the main market of the London Stock Exchange with a market capitalisation of £63m, will receive £40m from Washington's US International Development Finance Corporation to build a plant at the site in South Africa's Kruger National Park.