Arcadium Lithium said on Monday its shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto. Shares of Arcadium Lithium rose about 7% in extended trading after the company said that about 98% of its shareholders had voted in favor of the sale.

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Arcadium Lithium shareholders approve $6.7 billion Rio Tinto deal

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(Reuters) –     Arcadium Lithium said on Monday its shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto. Shares of Arcadium Lithium rose more than 2% in extended trading. The deal, expected to close in mid-2025, will catapult Rio Tinto to the world’s third-largest lithium miner position, just behind Albemarle and SQM. Arcadium is facing legal hurdles, as some shareholders have filed lawsuits against it al…

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Arcadium Lithium says shareholders approved Rio Tinto deal

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Arcadium Lithium says shareholders approved Rio Tinto deal  By Investing.com

Investing.com — Shareholders of Arcadium Lithium have given the green light for a $6.7 billion sale to Australian mining heavyweight Rio Tinto (NYSE:RIO), as announced by the company on Monday.  This news was met with positivity in the stock market, with Arcadium’s shares climbing over 2% in after-hours trading. However, the path to the deal is not without its obstacles. Arcadium is currently dealing with legal challenges from a section of its s…

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Investing Business Daily | Arcadium Lithium says shareholders approved Rio Tinto deal

(Reuters) -Arcadium Lithium said on Monday its shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto. Shares of Arcadium Lithium rose about 7% in extended trading after the company said that about 98% of its shareholders had voted in favor of the sale. The deal, expected to close […]

Global Banking & Finance Review

PHILADELPHIA and PERTH, Australia, Dec. 24, 2024 /PRNewswire/ — Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, “Arcadium Lithium”), a leading global lithium chemicals producer, today announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto previously announced on October 9, 2024.   “Today’s vote of support by our shareholders confirms our shared belief that with Rio Tinto, we will b…

Macau Business

Arcadium Lithium Announces Shareholder Approval of Proposed Rio Tinto Transaction and Provides Regulatory Update

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Arcadium Lithium gets shareholder approval for $10bn Rio takeover Christmas Eve trade brings speculative small caps to the fore Burley Minerals, Green Critical Minerals, Resolution Minerals and Black Dragon Gold (again) all up on nada  Your standout small cap (and other) resources stocks for Tuesday, December 24, 2024.   ARCADIUM LITHIUM (ASX:LTM) Despite a suit filed in four US states by three as of now undisclosed investors and a battle from a…

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Resources Top 5: Arcadium goes to Rio, Burley kicks iron ore goals

Arcadium Lithium (NYSE: ALTM) said its shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto (NYSE: RIO).

Arcadium Lithium shareholders approve $6.7 billion Rio Tinto deal

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