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flag Rio Tinto buys Arcadium Lithium for $6.7 billion, aiming to become a top lithium producer.

flag Rio Tinto has acquired Arcadium Lithium for $6.7 billion, becoming a major global lithium producer. flag The deal, approved on March 5, positions Rio Tinto to expand lithium production capacity to over 200,000 tonnes per year by 2028. flag This move aims to leverage Rio Tinto's expertise and Arcadium's assets to lead in energy transition materials.

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