PHILADELPHIA and PERTH, Australia, Oct. 6, 2024 /PRNewswire/ — Arcadium Lithium plc (NYSE: AL™, ASX: L™, “Arcadium Lithium“) at this time confirmed that it has been approached by Rio Tinto (NYSE:) concerning a possible acquisition of Arcadium Lithium by Rio Tinto.
The strategy is non-binding and there’s no certainty that any transaction will probably be agreed to or will proceed. Arcadium Lithium is not going to remark additional except and till there’s information to share.
Arcadium Lithium stays centered on executing its strategic imaginative and prescient and pathway to vital development, as set forth in its current Investor Day presentation in September 2024.
Arcadium Lithium Contacts
Buyers:Daniel Rosen +1 215 299 [email protected]
Phoebe Lee +61 413 557 [email protected]
Media:Karen Vizental +54 9 114 414 [email protected]
About Arcadium Lithium Arcadium Lithium is a number one international lithium chemical compounds producer dedicated to soundly and responsibly harnessing the ability of lithium to enhance folks’s lives and speed up the transition to a clear vitality future. We collaborate with our prospects to drive innovation and energy a extra sustainable world through which lithium allows thrilling potentialities for renewable vitality, electrical transportation and trendy 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 prime efficiency purposes. We’ve got operations all over the world, with services and tasks in Argentina, Australia, Canada, China, Japan, the UK and the US. For extra info, please go to us at www.ArcadiumLithium.com.
Essential Info and Authorized Disclaimer:Protected Harbor Assertion underneath the Non-public Securities Litigation Reform Act of 1995: Sure statements on this information launch are forward-looking statements. In some circumstances, we have now recognized forward-looking statements by such phrases or phrases as “will probably end result,” “is assured that,” “count on,” “expects,” “ought to,” “might,” “might,” “will proceed to,” “imagine,” “believes,” “anticipates,” “predicts,” “forecasts,” “estimates,” “tasks,” “potential,” “intends” or related expressions figuring out “forward-looking statements” throughout the that means of the Non-public Securities Litigation Reform Act of 1995, together with the destructive of these phrases and phrases. Such forward-looking statements are based mostly on our present views and assumptions concerning future occasions, future enterprise situations and the outlook for Arcadium Lithium based mostly on presently accessible info. There are vital elements that might trigger Arcadium Lithium’s strategic plans, precise outcomes, degree of exercise, efficiency or achievements to vary materially from the plans, outcomes, degree of exercise, efficiency or achievements expressed or implied by the forward-looking statements, together with the opportunity of a strategic transaction or transactions, the provision and demand available in the market for our merchandise in addition to pricing for lithium and high-performance lithium compounds; our potential to understand 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 further 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 current prospects; the competitors that we face in our enterprise; the event and adoption of latest battery applied sciences; further 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, significantly 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; international 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 consequences of local weather change; intensive 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 underneath the caption entitled “Danger Elements” in Arcadium Lithium’s 2023 Type 10-Okay filed with the Securities and Alternate 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 affordable, Arcadium Lithium can’t assure future outcomes, degree of exercise, efficiency or achievements. Furthermore, neither Arcadium Lithium nor every other individual assumes duty for the accuracy and completeness of any of those forward-looking statements. Arcadium Lithium is underneath no responsibility to replace any of those forward-looking statements after the date of this information launch to evolve its prior statements to precise outcomes or revised expectations.
