October 7, 2024 – ESG Frontiers

RIO TINTO EYES ARCADIUM LITHIUM TAKEOVER in Major Mining Move

esgfrontiersOctober 7, 2024October 7, 202404 mins

Rio Tinto has officially confirmed its approach to Arcadium Lithium regarding a potential acquisition of the company. This announcement follows recent market speculation about the takeover. In a statement, the world’s second-largest mining firm stated that “The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed”. However, Arcadium,…

SINOMINE’S SOUTHERN AFRICA FORAY: A New Era for Critical Minerals Supply

esgfrontiersOctober 7, 2024October 7, 202404 mins

Sinomine Resource Group, a Chinese state-owned mining conglomerate, is aggressively expanding its presence in Southern Africa through strategic investments in critical minerals, including copper, lithium, and platinum. In a significant move, Sinomine committed $500 million to develop a lithium refinery in Zimbabwe over the next three to five years. Building on this momentum, the company…