Arcadium Lithium Plc (ALTM), a lithium chemicals producer, said on Wednesday that the Committee on Foreign Investment in the United States, or CFIUS, has approved the proposed acquisition of Arcadium Lithium by Rio Tinto Plc (RTPPF.PK,RIO.L,RIO, RTNTF.PK).
However, this transaction remains subject to investment screening approvals in Australia, Canada, and Italy, as well as other customary closing conditions.
Earlier, Rio Tinto and Arcadium Lithium announced a deal that allows Rio Tinto to acquire Arcadium for $5.85 per share, or around $6.7 billion in cash.
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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.