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Arcadium Lithium Confirms Method by Rio Tinto By Investing.com

by Index Investing News
October 6, 2024
in Markets
Reading Time: 5 mins read
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PHILADELPHIA and PERTH, Australia, Oct. 6, 2024 /PRNewswire/ — Arcadium Lithium plc (NYSE: AL™, ASX: L™, “Arcadium Lithium“) right now confirmed that it has been approached by Rio Tinto (NYSE:) relating to a possible acquisition of Arcadium Lithium by Rio Tinto.

The method is non-binding and there’s no certainty that any transaction will likely be agreed to or will proceed.  Arcadium Lithium won’t remark additional until and till there may be information to share.

Arcadium Lithium stays centered on executing its strategic imaginative and prescient and pathway to vital progress, as set forth in its latest Investor Day presentation in September 2024.

Arcadium Lithium Contacts

Buyers:
Daniel Rosen +1 215 299 6208
[email protected]

Phoebe Lee +61 413 557 780
[email protected]

Media:
Karen Vizental +54 9 114 414 4702
[email protected]

About Arcadium Lithium  
Arcadium Lithium is a number one world lithium chemical compounds producer dedicated to securely and responsibly harnessing the facility of lithium to enhance individuals’s lives  and speed up the transition to a clear vitality future.   We collaborate with our clients to drive innovation and energy a extra sustainable world by which lithium allows thrilling potentialities  for renewable vitality, electrical transportation and fashionable life.   Arcadium Lithium is vertically built-in, with industry-leading capabilities throughout lithium extraction processes, together with hard-rock mining, typical brine extraction and direct lithium extraction (DLE), and in lithium chemical compounds manufacturing for top efficiency purposes. We’ve got operations world wide, with services and tasks in Argentina, Australia, Canada, China, Japan, the United Kingdom and the USA.   For extra info, please go to us at www.ArcadiumLithium.com.

Vital Info and Authorized Disclaimer:
Protected Harbor Assertion below the Personal Securities Litigation Reform Act of 1995: Sure statements on this information launch are forward-looking statements. In some instances, we’ve got recognized forward-looking statements by such phrases or phrases as “will doubtless consequence,” “is assured that,” “anticipate,” “expects,” “ought to,” “may,” “might,” “will proceed to,” “imagine,” “believes,” “anticipates,” “predicts,” “forecasts,” “estimates,” “tasks,” “potential,” “intends” or related expressions figuring out “forward-looking statements” inside the which means of the Personal Securities Litigation Reform Act of 1995, together with the unfavourable of these phrases and phrases. Such forward-looking statements are primarily based on our present views and assumptions relating to future occasions, future enterprise situations and the outlook for Arcadium Lithium primarily based on at the moment obtainable info. There are essential elements that would trigger Arcadium Lithium’s strategic plans, precise outcomes, stage of exercise, efficiency or achievements to vary materially from the plans, outcomes, stage of exercise, efficiency or achievements expressed or implied by the forward-looking statements, together with the potential for a strategic transaction or transactions, the provision and demand out there for our merchandise in addition to pricing for lithium and high-performance lithium compounds; our potential to appreciate the anticipated advantages of the mixing of the companies of Livent (NYSE:) and Allkem or of any future acquisitions; our potential to amass or develop extra reserves which can be economically viable; the existence, availability and profitability of mineral assets and mineral and ore reserves; the success of our manufacturing enlargement efforts, analysis and growth efforts and the event of our services; our potential to retain present clients; the competitors that we face in our enterprise; the event and adoption of recent battery applied sciences; extra funding or capital that could be required for our operations and enlargement plans; political, monetary and operational dangers that our lithium extraction and manufacturing operations, notably in Argentina, expose us to; bodily and different dangers that our operations and suppliers are topic to; our potential to fulfill buyer qualification processes or buyer or authorities high quality requirements; world financial situations, together with inflation, fluctuations within the value of vitality and sure uncooked supplies; the flexibility of our joint ventures, affiliated entities and contract producers to function in line with their enterprise plans and to meet their obligations; extreme climate occasions and the results of local weather change; in depth and dynamic environmental and different legal guidelines and rules; our potential to acquire and adjust to required licenses, permits and different approvals; and different elements described below the caption entitled “Danger Components” in Arcadium Lithium’s 2023 Type 10-Okay filed with the Securities and Trade Fee (“SEC“) on February 29, 2024, in addition to Arcadium Lithium’s different SEC filings and public communications. Though Arcadium Lithium believes the expectations mirrored within the forward-looking statements are cheap, Arcadium Lithium can’t assure future outcomes, stage of exercise, efficiency or achievements. Furthermore, neither Arcadium Lithium nor every other particular person assumes duty for the accuracy and completeness of any of those forward-looking statements. Arcadium Lithium is below no obligation to replace any of those forward-looking statements after the date of this information launch to adapt its prior statements to precise outcomes or revised expectations.





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