Rio Tinto makes takeover approach for U.S. lithium miner Arcadium Lithium

SYDNEY, Oct. 7 (Xinhua) -- British-Australian mining giant Rio Tinto on Monday confirmed that it has made an approach to buy U.S.-based global lithium miner Arcadium Lithium.

"The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed. Rio Tinto will not make further comment until or unless an update is appropriate," Rio Tinto said in a statement.

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