Ogier advises Arcadium Lithium in its $6.7 billion buyout by Rio Tinto

A multi-disciplinary team from Ogier in Jersey is advising global lithium producer Arcadium Lithium on its $6.7 billion acquisition by Rio Tinto.

When completed, the deal will make Rio Tinto, an Anglo-Australian mining company, one of the world's largest producers of lithium and a global leader in energy transition commodities.

The deal will be implemented by way of a Jersey scheme of arrangement and is expected to close in mid-2025. Conditions for the closing of the deal include approval of Arcadium Lithium shareholders and the sanction of the Royal Court of Jersey.

The Ogier deal team is led by Corporate partners Simon Dinning and Alexander Curry, with support from senior associate Alex Fisher and associate Aaron Forster. The team also includes Dispute Resolution partner James Angus and senior associate Matthew Davies. The team is working alongside lead counsel Davis Polk & Wardwell LLP.

"This is a high profile and significant transaction for the long-term future of the lithium market. We're very pleased to be advising Arcadium and look forward to seeing the transaction through to completion," said Alexander Curry. 

Arcadium is one of the world’s leading global lithium producers. Ogier advised on its formation nine months ago following the merger of Livent and Australian miner Allkem. 

Ogier's Energy and Natural Resources services bring together legal, regulatory, and corporate and fiduciary professionals to provide full-service solutions to clients in the conventional power and renewables space, as well as those in natural resources exploration, mining, production and product delivery.