Core Viewpoint - Arcadium Lithium has received all necessary regulatory approvals for its acquisition by Rio Tinto, paving the way for the transaction to proceed as planned [1]. Regulatory Approvals - The transaction has obtained merger control clearance in Australia, Canada, China, Japan, South Korea, the United Kingdom, and the United States [1]. - Investment screening approval has been satisfied in Australia, Canada, Italy, the United Kingdom, and the United States [1]. Court Hearing and Transaction Timeline - A sanction hearing for Arcadium Lithium's scheme of arrangement is scheduled for March 5, 2025, with the transaction expected to close shortly thereafter on March 6, 2025 [2]. Shareholder Participation - Arcadium Lithium shareholders can attend the court hearing in person or through a Jersey advocate to express their support or opposition to the scheme [3]. Delisting Information - Following the completion of the transaction, Arcadium's shares will be delisted from the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX) [4]. Company Overview - Arcadium Lithium is a leading global producer of lithium chemicals, focused on sustainable practices and innovation in lithium extraction and manufacturing [5]. - The company operates facilities and projects in multiple countries, including Argentina, Australia, Canada, China, Japan, the United Kingdom, and the United States [5].
Arcadium Lithium Receives All Required Regulatory Approvals Globally to Close Acquisition by Rio Tinto and Announces Court Hearing Date