BUZZ-Arcadium Lithium secures CFIUS clearance for proposed acquisition by Rio Tinto; shares rise

Reuters01-09 00:38

** Shares of lithium miner Arcadium Lithium rise 8.6% to $5.73

** Co receives clearance from Committee on Foreign Investment in the United States (CFIUS) for proposed acquisition of ALTM by Rio Tinto

** ALTM expects proposed transaction to close before mid-2025

** Stock fell 25% in 2024

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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