Arcadium, a U.S. lithium producer, is in discussions with mining giant Rio Tinto about a potential acquisition.

Arcadium, a U.S. lithium producer, is in discussions with mining giant Rio Tinto about a potential acquisition.
Arcadium, a U.S. lithium producer, is in discussions with mining giant Rio Tinto about a potential acquisition.

On Monday, the world's second-largest miner and U.S. lithium producer, both confirmed that the second-largest miner had expressed interest in acquiring Arcadium.

Rio Tinto stated that there is no guarantee that any transaction will be reached. This action is taken by mining companies to ensure they acquire vital minerals for the global energy transition.

This is a breaking news story, please check back later for more.

by Lee Ying Shan

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