Rio Tinto to buy Arcadium Lithium for 6.7 bln USD

SYDNEY, Oct. 9 (Xinhua) -- Australian-British mining giant Rio Tinto announced on Wednesday it has struck a 6.7 billion U.S. dollar deal to buy the U.S.-based global lithium miner Arcadium Lithium.

Rio Tinto announced at the close of the market in Australia that directors of Arcadium Lithium have accepted its offer to pay 5.85 dollars for each share in the lithium producer in an all-cash deal.

Rio Tinto s