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 [...]
Arcadium Lithium published its 2023 Sustainability Report detailing the sustainability performance of its legacy entities Allkem Limited and Livent Corporation in calendar year 2023. Paul Graves, president and chief executive officer, commented: "We are pleased to issue our first sustainability report as Arcadium Lithium following the merger of [...]
Arcadium Lithium will host an Investor Day in New York City on Thursday, Sept 19. The event will feature a series of presentations focused on Arcadium Lithium's long-term strategic objectives, growth opportunities and financial outlook, as well as question-and-answer sessions with members of Arcadium Lithium's senior leadership team including Paul [...]
Arcadium Lithium announced that Paul Graves, Chief Executive Officer, will speak at the BMO Global Metals, Mining & Critical Minerals Conference, with a fireside chat being conducted on Monday, February 26, 2024 at 2:00 p.m. ET. Live access will be available on the Arcadium Lithium Investor Relations website. Additionally, Paul will speak at the [...]
Arcadium Lithium announced it will release fourth quarter 2023 earnings results on Thursday, February 22, 2024, after stock market close via PR Newswire and the company's investor relations website. The company will subsequently host a webcast conference call on Thursday, Feb 22, 2024 at 5:00 p.m. ET that is open to the public via Internet [...]
Arcadium Lithium announced the completion of the all-stock merger of equals between Allkem and Livent. The new, combined company is a leading global lithium chemicals producer committed to safely and responsibly harnessing the power of lithium to improve people's lives and accelerate the transition to a clean energy future. With roughly U.S. $1.9 [...]