Arcadium Lithium plc (ALTM, LTM.AX) said that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto.
The proposed transaction is still expected to close in mid-2025.
In October 2024, Rio Tinto reached an agreement to acquire Arcadium Lithium in an all-cash transaction valued at $5.85 per share. The deal values Arcadium's share capital at approximately $6.7 billion.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.