Rio Tinto to Acquire Arcadium Lithium: A Win-Win Deal
Oct 18, 2024
By Gaia Research Team
Reading time: 5 mins.
Rio Tinto, one of the world's largest mining companies, has recently announced a significant investment deal with Arcadium Lithium plc, a rapidly growing lithium producer, underscoring Rio Tinto's continued commitment to expanding its footprint in the energy transition metals market, particularly in lithium, a crucial component in the production of electric vehicle (EV) batteries and renewable energy storage solutions.
Lithium: The Fuel of Energy Revolution
Sep 27, 2024
By Gaia Research Team
Reading time: 7 mins.
In 2024, the global Electric Vehicles (EV) market is projected to reach US$786.2 billion, growing at 6.63% annually until 2029. As a key material in EV battery, global lithium demand is expected to surpass 3.1 million metric tons by 2030, companies supplying significant quantities will be well-positioned to benefit from rising prices.
The End of the ‘E’
May 21, 2024
By Gaia Research Team
Reading time: 4 mins.
Bring the end of ‘E’ pillar in ESG practices and emphasize the substantial benefits and more relevance of ‘S’ and ‘G’ practices through real cases from IGO.