Arcadium Lithium Announces Shareholder Approval for Rio Tinto Acquisition

Arcadium Lithium announces shareholder approval for its acquisition by Rio Tinto, enhancing its role in lithium chemical production and supporting clean energy.

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Arcadium Lithium, a leading global producer of lithium chemicals, announced that it has obtained all required shareholder approvals for the proposed acquisition by Rio Tinto, initially announced on October 9, 2024.

Paul Graves, President and Chief Executive Officer of Arcadium Lithium, commented:

“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.”

He further added, “Together, we enhance our capabilities to successfully develop and operate our assets while supporting the clean energy transition.  We are confident that this transaction will provide future benefit to our customers, employees and the communities in which we operate, and I am excited by the path ahead,”

The final voting results from Arcadium Lithium’s special meetings will be filed with the Securities and Exchange Commission on Form 8-K and will also be available at https://ir.arcadiumlithium.com.

Source: Batteries News

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