The lithium company Arcadium Lithium plc (NYSE: ALTM, ASX: LTM) has received all necessary regulatory approvals for its acquisition by Rio Tinto, the company announced on Thursday.
By Panorama Minero
The approvals include merger control authorization in Australia, Canada, China, Japan, South Korea, the United Kingdom, and the United States, as well as investment review clearances in Australia, Canada, Italy, the United Kingdom, and the United States.
The court hearing for the approval of the agreement will take place at the Royal Court of Jersey, the entity responsible for validating the transaction in accordance with the applicable legislation in the jurisdiction. The hearing is scheduled for March 5, and the transaction is expected to close on March 6, 2025.
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