Arcadium Lithium (ARCD) On November 8, 2024, Arcadium Lithium reported its Q3 results amid an imminent acquisition by Rio Tinto. The company’s quarterly revenues reached US$203.1 million, with a net income of US$16.1 million and an adjusted EBITDA of US$42.9 million. Despite challenges such as… Read More »Arcadium Lithium Q3 Results & Rio Tinto Acquisition Details
Critical Battery Metals Assets Hard to Acquire In 2024, two major bids for acquiring critical battery metals assets were rejected, underlining the challenge mining giants face. Albemarle Corporation (NYSE:ALB) and Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) saw their multibillion-dollar offers turned down, highlighting the competition… Read More »Critical Battery Metals: Mining Giants Face Challenges in Acquisitions
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