Rio Tinto has completed its acquisition of Arcadium Lithium Plc for $6.7 billion, following the sanctioning of the Scheme of Arrangement by the Royal Court of Jersey on 5 March. Rio Tinto is now the ultimate parent company of Arcadium Lithium, which will become Rio Tinto Lithium, and will also include the Rincon lithium project. The acquisition [...]
Arcadium Lithium reported results for the fourth quarter and full year of 2024. As a result of its pending acquisition by Rio Tinto, announced on Oct 9, 2024, and as is customary during such transactions, Arcadium Lithium will not hold an earnings conference call in connection with its fourth quarter and full year financial results. For the same [...]
Arcadium Lithium has now received all required pre-closing regulatory approvals in connection with the proposed acquisition of Arcadium Lithium by Rio Tinto. This includes merger control clearance being satisfied or waived in Australia, Canada, China, Japan, South Korea, the United Kingdom and the United States, as well as investment screening [...]
Arcadium Lithium announced it will release fourth quarter and full year 2024 earnings results on Thursday, Feb 27, 2025, after stock market close via PR Newswire and the company's investor relations website. As a result of its pending acquisition by Rio Tinto, and as is customary during such transactions, Arcadium Lithium will not hold an earnings [...]
Arcadium Lithium its review of the proposed acquisition of Arcadium Lithium by Rio Tinto and determined that there are no unresolved national security concerns. As of this release, merger control clearance has been satisfied or waived in Australia, Canada, China, Japan, South Korea, the UK and the US. Additionally, investment screening approval has [...]
Arcadium Lithium announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto previously announced on Oct 9, 2024. "Today's vote of support by our shareholders confirms our shared belief that with Rio Tinto, we will be a stronger global leader in lithium chemicals production. Together [...]
Arcadium Lithium reported results for the third quarter of 2024. As a result of its pending acquisition by Rio Tinto, announced on Oct 9, 2024 and as is customary during such transactions, Arcadium Lithium will not hold an earnings conference call in connection with its third quarter financial results. For the same reason, the Company has [...]
Arcadium Lithium announced it will release third quarter 2024 earnings results on Thursday, Nov 7, 2024, after stock market close via PR Newswire and the company's investor relations website at: https://ir.arcadiumlithium.com. As a result of its pending acquisition by Rio Tinto, and as is customary during such transactions, Arcadium Lithium will [...]
Rio Tinto and Arcadium Lithium Plc today announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for US$5.85 per share . The Transaction represents a premium of 90% to Arcadium's closing price of $3.08 per share on 4 October 2024, a premium of 39% to Arcadium's volume-weighted average price since [...]
Rio Tinto today confirmed that it has made an approach to Arcadium Lithium regarding a potential acquisition of Arcadium Lithium by Rio Tinto. 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. IMPORTANT [...]
Arcadium Lithium provided a number of strategic updates at its inaugural 2024 Investor Day. During the event, the Company reviewed its operating, commercial and growth strategies while reinforcing its commitment to sustainability leadership. The Company also discussed its plans for disciplined volume expansion and provided a long-term financial [...]
Arcadium Lithium announced that it will suspend Stage 4A waste stripping, and any expansionary investment beyond Stage 3, at its Mt Cattlin spodumene operation in Western Australia given the continued decline in spodumene prices. Additionally, the Company plans to place the Mt Cattlin site into Care & Maintenance after it completes Stage 3 mining [...]
