listed Arcadium Lithium surges to 7-month high on Rio Tinto's $6.7 bln offer
** ASX-listed shares of Arcadium Lithium LTM.AX surge 39.6% to A$8.25, their highest levels since March 5
** Stock up after Rio Tinto RIO.AX says it agreed to buy the U.S.-based lithium producer for $6.7 billion
** Rio says it would pay $5.85 per share in cash for Arcadium, an almost 90% premium to its closing price on Oct 4, the day Reuters exclusively reported a potential deal
** LTM stock down 26.7% YTD
Reporting by Ayushman Ojha in Bengaluru
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