for Arcadium Lithium , the two sides confirmed on Monday, following market speculation over the weekend and as the sector begins turning its attention back to growth.
On the news of Rio’s approach, Arcadium shares went ballistic, rising almost 46% on Monday in Sydney at A$6.09 each. In New York, the stock shot up 60% in pre-market trading, but pared some of those gains later to trade 30% at $3.08 apiece as of 8:00 am local time. That leaves the American lithium miner with a market capitalization of $3.3 billion.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »