HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.Feb.2025) — Global lithium chemicals producer Arcadium Lithium plc has received all required pre-closing regulatory approvals in connection with the proposed acquisition of Arcadium Lithium by Rio Tinto.
This includes merger control clearance being satisfied or waived in Australia, Canada, China, Japan, South Korea, the UK and the US (Hart-Scott-Rodino Antitrust Improvements Act of 1976), as well as investment screening approval being satisfied in Australia, Canada, Italy, the UK and the US (CFIUS), Arcadium announced 13 Feb. 2025 in an official statement.
The sanction hearing for the Royal Court of Jersey to hear Arcadium Lithium’s application to sanction the scheme of arrangement under Part 18A of the Companies (Jersey) Law 1991 has been set on 5 Mar. 2025 at 5am EST (9pm AEDT), with closing of the transaction expected to occur shortly thereafter on 6 Mar. 2025.
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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
