THE FUTURE OF LITHIUM: Rio’s Bold Bet on Arcadium’s DLE Technology
Rio Tinto has agreed to buy U.S.-based Arcadium Lithium for $6.7 billion, it said this week, in a deal that will catapult it to become the world’s third largest miner of the metal used in electric vehicle batteries, according to Reuters. The demand for lithium, driven by electric vehicle (EV) batteries and renewable energy storage,…
