Rio Tinto to Raise up to $9 Billion for Arcadium Lithium Buyout, Bloomberg News Reports
(Reuters) - The world's biggest iron ore producer Rio Tinto is offering $9 billion in U.S. investment-grade bonds as the miner seeks funding for its recently-closed buyout of Arcadium Lithium, Bloomberg News reported on Tuesday.
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Rio Tinto's diversified portfolio, including recent lithium acquisition, aims to reduce reliance on iron ore amid fluctuating ...
Rio Tinto has priced US$9.0 billion of fixed and floating rate SEC-registered debt securities. The bonds will be issued by ...
The company, a major player in an industry that collectively sends 80 per cent of its product to the United States, is ...
The capital markets might be the catalyst for resolving the standoff between management and an activist investor. In the ...
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