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Latest ALTM News From Around the Web
Below are the latest news stories about ARCADIUM LITHIUM PLC that investors may wish to consider to help them evaluate ALTM as an investment opportunity.
Arcadium Lithium Receives CFIUS Clearance for Proposed Acquisition by Rio TintoArcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, announced that the Committee on Foreign Investment in the United States (CFIUS) has concluded its review of the proposed acquisition of Arcadium Lithium by Rio Tinto (previously announced on October 9, 2024) and determined that there are no unresolved national security concerns. |
Arcadium Lithium Announces Shareholder Approval of Proposed Rio Tinto Transaction and Provides Regulatory UpdateArcadium 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. |
Arcadium Lithium’s Q3 Results Amid Rio Tinto AcquisitionArcadium Lithium Plc ( (ALTM) ) has released its Q3 earnings. Here is a breakdown of the information Arcadium Lithium Plc presented to its investors. Arcadium Lithium Plc is a globally recognized producer of lithium chemicals, known for its commitment to sustainable and responsible lithium extraction and production across multiple countries, serving key industries such as renewable energy and electric transportation. In its third quarter of 2024, Arcadium Lithium reported a revenue of $203.1 mil |
Arcadium Lithium Releases Third Quarter 2024 ResultsArcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium" or the "Company") today reported results for the third quarter of 2024. |
Why lithium is such a critical resource for battery productionRio Tinto (RIO) recently announced its agreement to acquire Arcadian Lithium (ALTM) in a deal valued at $6.7 billion, positioning the company to become the world's third-largest lithium miner. CRU Group vice president of base and battery metals Frank Nikolic joins to discuss his outlook on the lithium market. Nikolic emphasizes that lithium is "a universal commodity," noting that as the world moves away from fossil fuels, he predicts lithium will be "used extensively." Despite current prices being down due to oversupply, Nikolic points out that "mining deals are always long-term commitments." He suggests investors look at this from a 5-10-year perspective, projecting that demand will grow approximately fourfold during that period. Explaining lithium's critical importance, Nikolic states... |
Stocks to watch next week: Netflix, LVMH, ASML, Rio Tinto and Goldman SachsEarnings preview of key companies reporting next week and what to look out for. |
Morning Movers: Arcadium Lithium surges after deal to be acquiredCheck out this morning’s top movers from around Wall Street, compiled by The Fly. HIGHER – Arcadium Lithium (ALTM) up 30% after Rio Tinto (RIO) and the company announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share Clearside Biomedical (CLSD) up 10% after announcing that the ODYSSEY Phase 2b clinical trial of CLS-AX, or axitinib injectable suspension, for the treatment of neovascular age-related macular degeneration achieved bo |
Rio Tinto to acquire Arcadium Lithium in $6.7B cash dealMining giant Rio Tinto (RIO) will officially purchase Arcadium Lithium (ALTM) in a $6.7 billion cash acquisition, priced at $5.85 per Arcadium share. This deal is set to catapult Rio Tinto as one of the leaders in lithium production. Catalysts Co-Hosts Seana Smith and Madison Mills break down the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith |
Rio Tinto Buys Fallen Lithium Stock As Battery Metal Price Bottoms; Albemarle Gets Target BoostRio Tinto is buying fallen lithium stock Arcadium Lithium for $6.7 billion, capitalizing on a crash in lithium prices. Albemarle, seen as a potential M&A target, rallied. |
Rio Tinto to acquire Arcadium LithiumLONDON, October 09, 2024--THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL |