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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. Together, we enhance our capabilities to successfully develop and operate our assets while supporting the clean energy transition. We are confident that this transaction will provide future benefit to our customers, employees and the communities in which we operate, and I am excited by the path ahead," said Paul Graves , president and chief executive officer of Arcadium Lithium. The final voting results of Arcadium Lithium's special meetings will be filed with the Securities and Exchange Commission in a Form 8-K and will also be available at https://ir.arcadiumlithium.com . Regulatory Update As of this release, merger control clearance has been satisfied or waived in Australia , Canada , China , the United Kingdom and the United States (Hart-Scott-Rodino Antitrust Improvements Act of 1976). Additionally, investment screening approval has been satisfied in the United Kingdom . The proposed transaction is still expected to close in mid-2025, subject to the receipt of remaining regulatory approvals and other closing conditions. Arcadium Lithium Contacts Investors: Daniel Rosen +1 215 299 6208 daniel.rosen@arcadiumlithium.com Phoebe Lee +61 413 557 780 phoebe.lee@arcadiumlithium.com Media: Karen Vizental +54 9 114 414 4702 karen.vizental@arcadiumlithium.com About Arcadium Lithium Arcadium Lithium is a leading global lithium chemicals producer committed to safely and responsibly harnessing the power of lithium to improve people's lives and accelerate the transition to a clean energy future. We collaborate with our customers to drive innovation and power a more sustainable world in which lithium enables exciting possibilities for renewable energy, electric transportation and modern life. Arcadium Lithium is vertically integrated, with industry-leading capabilities across lithium extraction processes, including hard-rock mining, conventional brine extraction and direct lithium extraction (DLE), and in lithium chemicals manufacturing for high performance applications. We have operations around the world, with facilities and projects in Argentina , Australia , Canada , China , Japan , the United Kingdom and the United States . For more information, please visit us at www.ArcadiumLithium.com . Important Information and Legal Disclaimer: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this news release are forward-looking statements. In some cases, we have identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for Arcadium Lithium based on currently available information. There are important factors that could cause Arcadium Lithium's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including the completion of the transaction on anticipated terms and timing, including obtaining required regulatory approvals, and the satisfaction of other conditions to the completion of the transaction; potential litigation relating to the transaction that could be instituted by or against Arcadium Lithium or its affiliates, directors or officers, including the effects of any outcomes related thereto; the risk that disruptions from the transaction will harm Arcadium Lithium's business, including current plans and operations; the ability of Arcadium Lithium to retain and hire key personnel; potential adverse reactions or changes to business or governmental relationships resulting from the announcement or completion of the transaction; certain restrictions during the pendency of the transaction that may impact Arcadium Lithium's ability to pursue certain business opportunities or strategic transactions; significant transaction costs associated with the transaction; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction, including in circumstances requiring Arcadium Lithium to pay a termination fee or other expenses; competitive responses to the transaction; the supply and demand in the market for our products as well as pricing for lithium and high-performance lithium compounds; our ability to realize the anticipated benefits of the integration of the businesses of Livent and Allkem or of any future acquisitions; our ability to acquire or develop additional reserves that are economically viable; the existence, availability and profitability of mineral resources and mineral and ore reserves; the success of our production expansion efforts, research and development efforts and the development of our facilities; our ability to retain existing customers; the competition that we face in our business; the development and adoption of new battery technologies; additional funding or capital that may be required for our operations and expansion plans; political, financial and operational risks that our lithium extraction and production operations, particularly in Argentina , expose us to; physical and other risks that our operations and suppliers are subject to; our ability to satisfy customer qualification processes or customer or government quality standards; global economic conditions, including inflation, fluctuations in the price of energy and certain raw materials; the ability of our joint ventures, affiliated entities and contract manufacturers to operate according to their business plans and to fulfill their obligations; severe weather events and the effects of climate change; extensive and dynamic environmental and other laws and regulations; our ability to obtain and comply with required licenses, permits and other approvals; and other factors described under the caption entitled "Risk Factors" in Arcadium Lithium's 2023 Form 10-K filed with the SEC on February 29, 2024 , as well as Arcadium Lithium's other SEC filings and public communications. Although Arcadium Lithium believes the expectations reflected in the forward-looking statements are reasonable, Arcadium Lithium cannot guarantee future results, level of activity, performance or achievements. Moreover, neither Arcadium Lithium nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Arcadium Lithium is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations . View original content to download multimedia: https://www.prnewswire.com/news-releases/arcadium-lithium-announces-shareholder-approval-of-proposed-rio-tinto-transaction-and-provides-regulatory-update-302338409.html SOURCE Arcadium Lithium PLCGuwahati: A delegation from the All Bodo Students Union (ABSU), led by its president Dipen Boro, along with BTR Chief Executive Pramod Boro, MPs Rwngwra Narzary and Joyanta Basumatary, met Union Home Minister Amit Shah in New Delhi. The meeting focused on several key issues concerning the Bodo community and the implementation of the Bodo Territorial Region (BTR) Accord. Invitation to ABSU’s 57th Annual Session: The delegation extended a formal invitation to Amit Shah to attend the 57th ABSU session, scheduled to take place in Kokrajhar. Discussion on the BTR Accord: The progress and challenges in implementing the BTR Accord were discussed in detail. The leaders emphasized the need for expedited action on agreed commitments. Proposal to Honor Bodofa Upendranath Brahma: A proposal to name a road in New Delhi after Bodofa Upendranath Brahma, a revered leader of the Bodo community, was submitted. Demand for Constitutional Reforms: The ABSU demanded the enactment of the 125th Constitutional Amendment to strengthen provisions under the Sixth Schedule for Bodo-dominated areas. Infrastructure Development: The delegation urged the central government to expedite the ₹1,500 crore infrastructure development projects promised under the Bodo Accord. Recognition of Hill Bodos as Scheduled Tribes: The delegation called for recognizing Bodo communities living in the hills as Scheduled Tribes (Hills) to ensure their social and economic upliftment. Release of NDFB Cadres: The ABSU demanded the withdrawal of all cases against National Democratic Front of Boroland (NDFB) cadres and the release of those still imprisoned.
The FBI has been political from the startRepresentatives Susie Lee and Mark Amodei received criticism from Nevada nonprofits after they voted for a bill that nonprofits say could be weaponized by an unfriendly administration to undermine them. The House on Thursday passed HR 9495 , or the Stop Terror-Financing and Tax Penalties on American Hostages Act, which calls to postpone tax filing deadlines for Americans taken hostage abroad and their families. The nonprofits take issue with another part of the bill, which would allow the government to terminate the tax-exempt status of “terrorist supporting organizations.” They argue the wording is vague and could be used as a weapon for “suppressing dissent and punishing political opponents.” The nonprofit organizations wrote that the measure “creates a pathway for political abuse that could devastate civil society organizations and chill free speech” by granting the Secretary of the Treasury “virtually unfettered discretion” to designate a nonprofit as a terrorist supporting organization. “Because the proposal vests vast unilateral discretion in the Secretary of Treasury, it creates a high risk of politicized and discriminatory enforcement,” wrote Athar Haseebullah, executive director of the ACLU of Nevada, in a letter to Lee . The letter included opposition from over a dozen nonprofits, including Planned Parenthood Votes Nevada, Make the Road Nevada and the Great Basin Water Network. Haseebullah said in a statement that Trump’s hand-picked head of the Treasury Department could revoke organizations’ nonprofit statuses in an arbitrary fashion. If the administration, for instance, declares undocumented immigrants as terrorists, churches and other organizations that provide support to them could lose their tax-exempt status, he said. “Congresswoman Lee’s ‘yes’ vote here is a betrayal of our most vulnerable communities and the people who serve those communities,” Haseebullah said. Lee, who was one of 15 Democrats to support the bill, said in a statement that the bipartisan bill would protect American hostages and their families from unnecessary financial harm and “ensure we are holding our nation’s adversaries accountable to keep Americans safe.” House Ways and Means Committee Chairman Jason Smith, R-Missouri, said on the House floor the bill received bipartisan support earlier in the year, but Democrats voted against it now that Donald Trump will be president. “Congress must act to stop this abuse of our tax code that is funding terrorism around the world,” Smith said in his opening statement . “We must act to end the unfair tax treatment of Americans who have already suffered enough – and whose families have suffered enough – from being held hostage or wrongfully detained abroad.” Smith said on X that the group Alliance for Global Justice funded a terrorist-linked Samidoun Palestinian Prisoner Solidarity Network, which the U.S. Treasury Department confirmed was a “sham charity.” An earlier version of the bill that included language that would affect nonprofits passed the House in April in a 382-11 vote. The IRS already has the authority to terminate the tax-exempt status of a terrorist organization. A terrorist organization is defined as one that the Secretary of State has designated or is one that is designated pursuant to an executive order. Examples include Hamas, Hezbollah and ISIS but also Segunda Marquetalia, a Colombian terrorist group, according to the State Department’s website . HR 9495 would expand the existing law to permit the Secretary of the Treasury to terminate the tax-exempt status of a ”terrorist supporting organization.” The bill defines a “terrorist supporting organization” as one that has provided material support or resources to a terrorist organization during the preceding three-year period. Before designating any organization as a terrorist supporting organization, the secretary must provide a description of the material support or resources, and the organization would have the opportunity to “cure” the issue by getting the support or resources returned to the organizations and certifying that it will not provide any further support or resources, according to the bill. Rep. Dina Titus, D-Nev., was an original co-sponsor of the bill but voted in opposition. In an interview with the Review-Journal, she said the bill she originally co-sponsored was just about allowing people who are taken hostage not to have to pay back taxes, but then Republicans tacked on the provision about an organization’s nonprofit status. “I was forced to vote against my own bill because it had been attacked by this poison pill,” Titus said. Shelbie Swartz, executive director of the Institute for a Progressive Nevada, said her organization is “deeply disappointed — and frankly, irate — that Congresswoman Susie Lee and Congressman Mark Amodei would vote in favor of a bill that would threaten the organizations that empower and serve their constituents every day.” Swartz urged senators Catherine Cortez Masto and Jacky Rosen to vote against the bill in the Senate.
Guthrie Cortland Renzi Health Campus Ribbon Cutting Guthrie Cortland Renzi Health Campus Ribbon Cutting Guthrie Cortland Renzi Health Campus Ribbon Cutting New Facility Unveiled "We understand that a primary care provider is important on many fronts,” said Marie Darling, Sr. Director, Guthrie Medical Group, Northern Region. "The relationship that is built with a primary care provider assists in achieving health goals and is the gateway to preventative screenings and specialty care services needed along the way. We respect the importance of this relationship and are actively recruiting more primary care providers to this region to support the community's engagement in their overall health.” Beginning in the spring of 2025, the new space will welcome multiple specialty care services, including orthopedics, general surgery, plastic surgery, obstetrics and gynecology, and pain management. Additionally, in Guthrie's ongoing efforts to expand care in rural communities, this health campus will be home to a tele-medicine hub, expanding virtual access to Guthrie experts from across our health system. The opening of this new health campus is the fulfillment of continued investment in the Cortland community by Guthrie, in our ongoing mission to be the most trusted local health care partner. It's a vision shared by valued community partner and donor, Nicholas Renzi. "At Guthrie, we invest when and where there is a need, and we will continue to do so, because we understand the challenges of accessing health care in rural communities,” said Edmund Sabanegh, President and CEO, The Guthrie Clinic. "Through generous gifts such as Nick's, we're able to set the standard for rural health care across the nation by delivering innovative, compassionate, and accessible medical services tailored to the unique needs of rural communities.” "It has been a privilege and a pleasure to support this new health campus project,” said Nicholas Renzi. "The consolidation of existing Guthrie medical services into one building together with the requisite support services is a major step in making The Guthrie Clinic a leader in the Cortland community. For a small town, we have health care facilities that are well suited to service the needs of our people in terms of the breadth of services, availability of services, and the competency of the medical professionals and staff.” We are thrilled to work on this project with a strong community partner, in The McNeil Development Company, bringing new life to the former JM Murray Center, choosing to redevelop a vacant property that holds fond memories for members of our community. "They say it takes a community to raise a child. I like to say it takes a community to raise a community,” said David McNeil, Owner, McNeil Development Company. "We have got to continue working together to provide the resources that make a community healthy. Our health care organizations need to provide a high level of quality care in our community, so our residents do not have to travel. There is no one person that can do it by themself.” The Guthrie Cortland Renzi Health Campus is a NYS Clean Heat facility, which means its design incorporates state-of-the-art technology to save energy and reduce carbon footprint. The Guthrie Clinic is a non-profit multispecialty health system integrating clinical and hospital care along with research and education. Headquartered in Sayre, Pennsylvania, The Guthrie Clinic stands as one of the nation's longest established group practices, founded in 1910 by the visionary Dr. Donald Guthrie. The organization's patient-centered approach revolves around a clinically integrated network of employed providers. Among The Guthrie Clinic's more than 9,000 caregivers are close to 1,000 highly skilled physicians and advanced practice providers representing the spectrum of medical Specialties and sub-specialties. Situated across 10,000 square miles in northeastern Pennsylvania and upstate New York, The Guthrie Clinic's comprehensive six hospital campuses also encompass an expansive network of outpatient facilities across 13 counties. Post-acute care includes acute rehabilitation, skilled nursing, personal care home, home care and hospice services, completing the continuum of care. With a commitment to shaping the future of health care, the organization offers eleven residencies and five fellowships, serving as a training ground for the next generation of leaders in the field. Visit us at www.Guthrie.org . Follow us at Twitter.com/GuthrieClinic, Facebook.com/TheGuthrieClinic, Linkedin.com/company/TheGuthrieClinic, and Instagram.com/TheGuthrieClinic. Attachments Guthrie Cortland Renzi Health Campus Ribbon Cutting Guthrie Cortland Renzi Health Campus Ribbon Cutting CONTACT: Kathy Cramer Guthrie 570-887-4415 [email protected]Brown Dust 2 is set to celebrate its 1.5-year anniversary, with pre-registrations now open
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