Arcadium Lithium plc (ALTM)
NYSE NYSE Primary 
Rio Tinto splashes $1.8bn on iron ore mine as Arcadium takeover completes
Rio Tinto Ltd has firmed up completion of its acquisition of Arcadium Lithium and said $1.8 billion will be spent on extending the Brockman iron ore mine in Western Australia. Arcadium had been taken over for $6.7 billion following court approval, Rio said on Thursday, leaving shareholders set to receive $5.85 a share each.
Arcadium (ALTM) Lags Q4 Earnings Estimates
Arcadium (ALTM) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.34 per share a year ago.
Rio Tinto to form new lithium unit after Arcadium buy, memo says
Anglo-Australian mining giant Rio Tinto , plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium , according to an internal memo seen by Reuters.
Arcadium (ALTM) Q3 Earnings and Revenues Miss Estimates
Arcadium (ALTM) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.44 per share a year ago.
Arcadium (ALTM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Arcadium (ALTM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
These 3 Stocks Just Spiked—Buy the Rally or Sell the News?
Selling the news is a common trading strategy in which traders buy a stock in anticipation of expected news, then sell once the event occurs. It's a short-term strategy based on the psychology that the unknown is frequently better or worse than the known.
Why lithium is such a critical resource for batteries
Rio Tinto (RIO) recently announced its agreement to acquire Arcadian Lithium (ALTM) in a deal valued at $6.7 billion, positioning the company to become the world's third-largest lithium miner. CRU Group vice president of base and battery metals Frank Nikolic joins to discuss his outlook on the lithium market.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALTM and OB on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / October 10, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Arcadium Lithium plc (NYSE:ALTM)'s sale to Rio Tinto for $5.85 per share. If you are an Arcadium shareholder, click here to learn more about your legal rights and options.
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Rio Tinto's real prize: Arcadium's lithium extraction technology
Rio Tinto's $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries.
Rio Tinto's Acquisition of Arcadium Lithium (ALTM) Boosts Lithium Stocks
Arcadium Lithium (ALTM, Financial) shares soared 30.54% today, reaching a price of $5.54, following Rio Tinto's announcement of its plan to acquire the company for $6.7 billion. This strategic move positions Rio Tinto as a major player in the high-growth lithium market, aligning with their vision to capitalize on a market primed for a rebound.
These 3 Stocks Just Spiked—Buy the Rally or Sell the News?
Selling the news is a common trading strategy in which traders buy a stock in anticipation of expected news, then sell once the event occurs. It's a short-term strategy based on the psychology that the unknown is frequently better or worse than the known.
