MasonHu
commented on
with Rio putting the need for lithium in the spotlight. Rio Tinto $Rio Tinto (RIO.US)$ will soon become one of the largest lithium suppliers, second only to Albemarle and SQM.
It comes as it inked a deal to takeover Arcadium $Arcadium Lithium (ALTM.US)$ $Arcadium Lithium PLC (LTM.AU)$ for $5.85 per share, valuing the deal at $6.7 billion. This represents a 90% premium to Arcadium's closing price on Octo...
It comes as it inked a deal to takeover Arcadium $Arcadium Lithium (ALTM.US)$ $Arcadium Lithium PLC (LTM.AU)$ for $5.85 per share, valuing the deal at $6.7 billion. This represents a 90% premium to Arcadium's closing price on Octo...
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MasonHu : When I bought it, it was worth 10 dollars. Rio really knows how to pick up bargains. Will the ltm stocks be delisted after buying them? Isn't that a forced sell-off?