Arcadium LithiumALTM
ALTM
About: Arcadium Lithium is a pure-play lithium producer that was formed by the Allkem-Livent merger in January 2024. The company agreed to a deal for Arcadium to be acquired by Rio Tinto in an all-cash transaction that should close in 2025. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
Employees: 2,909
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,200% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 13 (+12) [Q4]
108% more capital invested
Capital invested by funds: $1.77B [Q3] → $3.68B (+$1.92B) [Q4]
47% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 66
10.26% more ownership
Funds ownership: 56.9% [Q3] → 67.15% (+10.26%) [Q4]
5% more funds holding
Funds holding: 388 [Q3] → 407 (+19) [Q4]
22% less call options, than puts
Call options by funds: $19.3M | Put options by funds: $24.7M
22% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 130
Research analyst outlook
We haven’t received any recent analyst ratings for ALTM.
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
Arcadium Lithium Receives All Required Regulatory Approvals Globally to Close Acquisition by Rio Tinto and Announces Court Hearing Date
PHILADELPHIA and PERTH, Australia , Feb. 13, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, has now received all required pre-closing regulatory approvals in connection with the proposed acquisition of Arcadium Lithium by Rio Tinto (the "Transaction" previously announced on October 9, 2024). This includes merger control clearance being satisfied or waived in Australia, Canada, China, Japan, South Korea, the United Kingdom and the United States (Hart-Scott-Rodino Antitrust Improvements Act of 1976), as well as investment screening approval being satisfied in Australia, Canada, Italy, the United Kingdom and the United States (CFIUS).
Neutral
PRNewsWire
2 weeks ago
Arcadium Lithium Announces Date for Fourth Quarter and Full Year 2024 Earnings Release
PHILADELPHIA and PERTH, Australia , Feb. 6, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today announced it will release fourth quarter and full year 2024 earnings results on Thursday, February 27, 2025, after stock market close via PR Newswire and the company's investor relations website at: https://ir.arcadiumlithium.com. As a result of its pending acquisition by Rio Tinto, and as is customary during such transactions, Arcadium Lithium will not hold an earnings conference call in connection with its fourth quarter financial results.
Positive
Reuters
1 month 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.
Neutral
PRNewsWire
1 month ago
Arcadium Lithium Receives CFIUS Clearance for Proposed Acquisition by Rio Tinto
PHILADELPHIA and PERTH, Australia , Jan. 8, 2025 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, announced that the Committee on Foreign Investment in the United States (CFIUS) has concluded its review of the proposed acquisition of Arcadium Lithium by Rio Tinto (previously announced on October 9, 2024) and determined that there are no unresolved national security concerns. As of this release, merger control clearance has been satisfied or waived in Australia, Canada, China, Japan, South Korea, the United Kingdom and the United States (Hart-Scott-Rodino Antitrust Improvements Act of 1976).
Positive
Proactive Investors
1 month ago
Are lithium battery stocks a good buy amidst market volatility?
Lithium batteries are a fundamental component of modern life, powering a wide range of devices from laptops and smartphones to electric vehicles (EVs) and even industrial equipment. As governments around the world push for greener technologies to combat climate change, demand for lithium batteries has surged.
Positive
Seeking Alpha
1 month ago
Rio Tinto: Growth Could Accelerate After Arcadium Deal
Arcadium Lithium is undervalued with a 13% upside to Rio Tinto's buyout price, expected to close mid 2025. Rio Tinto's acquisition of ALTM positions it as a major lithium player, with potential revenue growth as lithium prices recover. Rio Tinto is fundamentally and technically strong, trading at a low P/E ratio with substantial dividend growth potential.
Positive
Zacks Investment Research
1 month ago
Rio Tinto Buyout Deal Receives Arcadium Lithium Shareholder Approvals
RIO expects the Arcadium Lithium acquisition to close in mid-2025 after receiving the latter's shareholder approval.
Positive
Proactive Investors
1 month ago
Rio Tinto gets Arcadium shareholder approval for £5bn takeover
Shares in Arcadium Lithium PLC (NYSE:ALTM, ASX:LTM) rose 9% overnight as investors backed the US$6.7 billion cash takeover of the metals processing firm by Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF). The deal, which is Rio's biggest for seventeen years, now faces regulatory approval in the US where it will be a test of the new Trump administration's attitude to foreign takeovers.
Positive
Reuters
1 month ago
Arcadium Lithium shareholders approve $6.7 bln Rio Tinto deal
Arcadium Lithium shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto , the company said on Monday.
Neutral
PRNewsWire
1 month ago
Arcadium Lithium Announces Shareholder Approval of Proposed Rio Tinto Transaction and Provides Regulatory Update
PHILADELPHIA and PERTH, Australia , Dec. 23, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, today announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto previously announced on October 9, 2024. "Today's vote of support by our shareholders confirms our shared belief that with Rio Tinto, we will be a stronger global leader in lithium chemicals production.
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