Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh ( (AU:LTM) ) has shared an announcement.
Arcadium Lithium Plc has been removed from the ASX Official List following a court-sanctioned scheme of arrangement in which Rio Tinto Western Holdings Limited and Rio Tinto BM Subsidiary Limited, both subsidiaries of Rio Tinto plc, acquired all issued capital of the company. This acquisition signifies a strategic move by Rio Tinto to strengthen its position in the lithium market, potentially impacting stakeholders by integrating Arcadium’s resources and capabilities into its broader operations.
More about Arcadium Lithium Plc Chess Depositary Interests Repr 1 Sh
Arcadium Lithium Plc operates in the lithium industry, focusing on the production and supply of lithium products, which are essential for various applications including electric vehicle batteries and renewable energy storage solutions.
YTD Price Performance: 13.78%
Average Trading Volume: 1,815,428
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$9.94B
For an in-depth examination of LTM stock, go to TipRanks’ Stock Analysis page.