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Localcoin Sets Its Sights on Hong Kong Following Exceptional Growth in Australia and New Zealand

Crypto ATM Leader Eyes Expansion After Record-Breaking Success in Australasia

HONG KONG, Feb. 14, 2025 /PRNewswire/ — Localcoin, a global leader in Bitcoin ATM services, is gearing up for its next big venture: entering the Hong Kong market. Following its remarkable success in Australia and New Zealand, Localcoin aims to bring its trusted cryptocurrency solutions to this thriving financial hub.

Cryptocurrencies sold by Localcoin ATM
Cryptocurrencies sold by Localcoin ATM

A Trail of Success in Australia and New Zealand

Localcoin’s expansion in Australasia has been nothing short of extraordinary. In Australia, the company has grown its ATM network to 517 locations, establishing itself as the fastest-growing cryptocurrency ATM provider in the country. With thousands of customers engaging with its services, Localcoin has seen consistent growth in transaction volumes, values, and user engagement.

In New Zealand, Localcoin has quickly made an impact by deploying 93 Bitcoin ATMs across key cities like Auckland and Christchurch. This expansion highlights Localcoin’s ability to meet the increasing demand for user-friendly and secure cryptocurrency services, making it the fastest-growing crypto ATM provider in New Zealand as well.

Initial Launch with Big Ambitions in Hong Kong

 As part of its entry into the Hong Kong market, Localcoin has already installed 31 cryptocurrency ATMs at key locations in the region. Customers can use cash to buy a variety of cryptocurrencies at Localcoin ATMs. This initial rollout is just the beginning, as the company aims to exponentially expand its network in the coming months.

Hong Kong’s dynamic financial landscape and tech-savvy population provide an ideal environment for Localcoin to thrive,” said Tristan, CEO of Localcoin. “Our mission is to make cryptocurrency accessible to everyone, and we look forward to bringing our trusted solutions to individuals and investors across Hong Kong.”

Pioneering Global Crypto Adoption

Localcoin’s entry into Hong Kong is part of its broader vision to become the leading global cryptocurrency ATM network. As per CoinATMRadar, Localcoin has been consistently recognized as the fastest-growing Bitcoin ATM operator outside of the United States, showcasing its commitment to innovation and growth.

With a proven track record of success and a commitment to innovation, Localcoin continues to lead the charge in making digital currency accessible to everyone.

As the company prepares for further growth, plans are already underway to establish a robust ATM network across the region, offering an unparalleled level of convenience, security, and reliability for cryptocurrency transactions.

Limited-Time Price Match Offer

 To celebrate its launch in Hong Kong, Localcoin is introducing a special price match program. As an introductory offer, Localcoin will match competitor prices if customers find a better rate elsewhere. This ensures that Hong Kong users get the best value when buying cryptocurrency through Localcoin ATMs.

Learn more about the price match program by visiting Localcoin Price Match.

About Localcoin
Founded in 2017, Localcoin is one of the world’s largest Bitcoin ATM providers, with a strong presence in Canada, Australia, New Zealand, and Hong Kong. With a focus on simplicity, security, and speed, Localcoin’s mission is to make cryptocurrencies accessible to everyone, from first-time buyers to seasoned investors.

Please contact Naveed for media enquiries – naveed.a@localcoinatm.com

 

 

World of Concrete Asia 2025 – The Leading One-Stop Concrete, Flooring & Mortar Trade Platform in China

SHANGHAI, Feb. 14, 2025 /PRNewswire/ — World of Concrete Asia(WOCA)2025, Asia’s premier exhibition for the concrete, flooring, and mortar industries organized by Informa Markets, is set to take place from August 13-15,2025 at the Shanghai New International Expo Center (SNIEC). As the region’s most comprehensive industry event, WOCA 2025 will showcase cutting-edge technologies, innovative solutions, and sustainable advancements shaping the future of the construction sector.

World of Concrete Asia
World of Concrete Asia

A Must-Attend Event for the Concrete & Construction Industry

WOCA 2025 will bring together top manufacturers, suppliers, and industry experts from around the world, offering unparalleled networking opportunities and insight into the latest trends in concrete products, flooring solutions, and masonry materials. With 650+ exhibitors and 40,000 attendees from 52 countries, the event continues to serve as a key meeting point for professionals in construction, real estate, and infrastructure development.

Why China? The Advantages of the Booming Concrete Market

China’s construction and concrete industries continue to offer unparalleled opportunities for global businesses. As the largest construction market in the world, China provides a strong foundation for growth and collaboration. Here’s why international visitors and exhibitors should not miss WOCA 2025:

  • Leading Enterprise BrandsChina is home to world-class concrete, flooring, and mortar manufacturers, known for their technological innovation, cost-effective solutions, and global competitiveness.
  • Massive Market Demand – Ongoing urbanization, infrastructure development, and smart city projects drive a continuous demand for high-performance concrete, flooring, and mortar solutions.
  • Superior Supply ChainChina’s comprehensive and efficient manufacturing ecosystem ensures high-quality, scalable, and cost-effective production of construction materials and equipment.
  • A Well-Established Industry PlatformWOCA has been successfully held for many years, accumulating a strong reputation, a solid industry network, and a loyal professional audience. It serves as the ideal gateway for international companies to enter and expand in the Chinese and Asian markets.

Key Highlights of WOCA 2025

  • Comprehensive Exhibition: A diverse range of products and solutions in Five major themed exhibition areas: flooring system, Flooring Material Processing, Concrete Surface Treatment Equipment, General Concrete and Mortar, including concrete equipment, machinery (including loading, crushing, mixing), tools, construction chemicals, decorative flooring, and innovative precast technologies.  
  • Live Demonstrations & Interactive Showcases: Experience the latest flooring machinery and technologies in action, providing hands-on learning opportunities.
  • Conferences & Forums: Gain insights from industry leaders on topics such as Development of High Quality Concrete Flooring Conference, WOCA Floor Cracking Technology Seminar, Special Mortar and Gypsum-Based Mortar Production and Application Technology Forum.
  • Business Matchmaking & Networking: Connect with key decision-makers, project developers, and industry experts to explore new business opportunities.
  • Leading Exhibitors: top companies showcasing the latest technologies and products, previous exhibitors including Sika, Somero, Simex, Husqvarna, Fosroc, Henkel, Dow Chemical, Bekaert, Aalborg Portland, Basle, NFLG, Xingyi, Conmec, Vanse, and others.
  • 60+ On-site Activities: including international awards, live demonstrations, professional skills competitions, themed salons, technical seminars, business superstores club, and more.

WOCA 2025 Tailored Opportunities to Maximize Your ROI

  • Join for Live Demonstrations and Workshops: Showcase your products in action and engage with your target audience directly.
  • Join for Networking Opportunities: Build valuable connections with developers, architects, and key players shaping the industry’s future.
  • Join for Market Insights and Trends: Stay ahead of the curve with exclusive access to industry trends and market data.

“World of Concrete Asia 2025 will serve as a catalyst for innovation in the concrete and construction sectors, providing a platform for global industry leaders to exchange ideas and explore the latest advancements,” said Athena Gong, Vice President of Informa Markets Asia Managing Director.  “We are excited to welcome exhibitors and visitors from around the world to Shanghai, where they can experience firsthand the future of construction.”

Join Us at WOCA 2025

Whether you’re looking to grow your business, connect with decision-makers, or explore the latest innovations, WOCA 2025 is the event you cannot afford to miss. Whether you are a manufacturer, contractor, architect, or developer, this event offers the perfect platform to expand your network, discover new technologies, and drive business growth.

For more information and to register, visit http://en.wocasia.cn  or contact Ada Feng at ada.feng@informa.com .

Stay updated by following us on Facebook, LinkedIn, Twitter, YouTube.

About Informa Markets

Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals, including Pharmaceuticals, Food, Medical Technology and Infrastructure. As the world’s leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year.

Media Contact
Informa Markets
Ada.feng@informa.com

 

Beyond Pouch Packaging: Hanmi Pharmaceutical Introduces a New Automated Vial Dispensing Solution in Canada and the United States

  • Hanmi Pharmaceutical Global Business Headquarters Accelerates Expansion into Canadian and US Markets, Strengthening Collaboration with Distribution Partner McKesson
  • Introducing ‘Countmate’: A Customized Solution for Canadian and American Pharmacists Seeking Advanced Vial Preparation Technology

SEOUL, South Korea, Feb. 14, 2025 /PRNewswire/ — Hanmi Pharmaceutical’s Global Business Headquarters Overseas Sales Team is making significant strides in penetrating the Canadian and US markets with innovative products developed by its affiliate, JVM Co., Ltd. (054950.KQ).

Hanmi Pharmaceutical and McKesson Automation representatives pose for a commemorative photo at the ASHP 2024 exhibition in New Orleans, USA. Pictured from left: McK Kevin Cloutier (Vice President of Sales & Business Development, McKesson Pharmacy Automation, USA), Yves Blanchette (Vice President of Technology Solutions, McKesson Canada), Hanmi Pharmaceutical Overseas Sales Team Leader Lee Ji-hyun, and McK Steve Dennison (Vice President and General Manager, McKesson Canada Automation).
Hanmi Pharmaceutical and McKesson Automation representatives pose for a commemorative photo at the ASHP 2024 exhibition in New Orleans, USA. Pictured from left: McK Kevin Cloutier (Vice President of Sales & Business Development, McKesson Pharmacy Automation, USA), Yves Blanchette (Vice President of Technology Solutions, McKesson Canada), Hanmi Pharmaceutical Overseas Sales Team Leader Lee Ji-hyun, and McK Steve Dennison (Vice President and General Manager, McKesson Canada Automation).

Hanmi Pharmaceutical (KOSPI: 128940, CEO: Jae-Hyun Park) announced on February 14 that it recently unveiled Countmate, a fully automated vial dispensing machine tailored to the unique preferences of the Canada and US market. Unlike Korea, where medications are commonly dispensed in pouch form, the pharmaceutical industry in Canada and US predominantly relies on the vial method, which involves packaging drugs in plastic bottles. With the launch of Countmate, Hanmi aims to strengthen its presence in the region and drive significant growth in its global sales.

Countmate streamlines the entire dispensing process — from drug counting and dispensing to labeling, image verification, and final vial discharge — within a fully automated system. Hanmi Pharmaceutical highlighted that this launch marks a significant expansion of JVM’s product lineup, which had previously been centered on pouch-type dispensing equipment. “By adding vial dispensing capabilities with Countmate, we anticipate substantial growth in our global sales, particularly in Canada and US“, the company stated.

To ensure a successful market entry, Hanmi Pharmaceutical worked closely with McKesson Automation (McK), the Canada and US distributor for JVM and a key partner in the region. Countmate was officially introduced to the public at the ASHP (American Society of Health-System Pharmacists) Midyear 2024 Conference, held in New Orleans, USA, from December 9 to 12 last year.

The ASHP Midyear Conference is the largest gathering of pharmacy professionals in the United States, hosting an annual event where industry experts convene to discuss key topics such as medication management, regulatory compliance, and pharmacy optimization.

Countmate is designed with cutting-edge technology to revolutionize pharmacy operations. It integrates multiple front-mounted canisters for automatic drug counting, an orthogonal robot for precise vial labeling, and seamless image verification before discharge.

Configurable with 84 or 168 canisters based on pharmacy size and needs, the system can process up to 160 prescriptions per hour, ensuring high efficiency for busy operations.

The machine also enhances quality control with built-in cameras that capture top and side images of each vial, ensuring thorough verification. Additional features that support operational efficiency include: automatic vial sorting and supply, automated label attachment, patient-specific vial discharge sorting, and one sided operation design to maximize the pharmacy space efficiency with low-noise operation.

Beyond its technical sophistication, Countmate prioritizes safety and user convenience. Key benefits include: Safety sensors to prevent accidents by detecting human presence during operation, hygienic preparation processes for contamination-free vial handling, and a compact, space-efficient design adaptable to various pharmacy layouts for seamless installation and operation.

Hanmi anticipates that Countmate’s advanced functionality and competitive pricing will make it an attractive option for pharmacies introducing automated equipment for the first time.

The development of Countmate was achieved through close collaboration between Hanmi and JVM, with a focus on optimizing its design by analyzing and adapting to the unique pharmaceutical formulation patterns of the Canadian and the US markets. Furthermore, Hanmi continues to maintain a strong partnership with McKesson to ensure the product’s successful launch and sustained growth in the region.

A representative of Hanmi Pharmaceutical’s Global Business Division stated that Countmate embodies innovative technology designed to meet the unique needs of the Canadian and the US market. He credited the product’s success to the synergy between Hanmi and JVM’s technological expertise and McKesson’s deep market knowledge and extensive network.

Hanmi Pharmaceutical CEO Park Jae-hyun remarked, “Moving forward, Hanmi will actively pursue business opportunities that create synergy across the entire group. We are committed to expanding our global footprint and will make every effort to further increase the overseas share of our total sales.”

See the Future with Luck: VISTA Eye Specialist Promotes Eye Health with CNY Eye Carnival Nationwide

PETALING JAYA, Malaysia, Feb. 14, 2025 /PRNewswire/ — As people live longer, ensuring a purposeful and fulfilling life becomes even more important. Life expectancy in Malaysia has steadily increased to 76.26 years ([1]), highlighting the growing need for proactive healthcare. Clear vision is crucial for maintaining independence, quality of life, and achieving personal aspirations. In response, VISTA Eye Specialist (VISTA) proudly presents the VISTA CNY Eye Carnival—a nationwide initiative to raise awareness about preventable blindness and the importance of regular eye screenings.

VISTA Eye Specialist's CNY Eye Carnival is happening over two exciting weekends.
VISTA Eye Specialist’s CNY Eye Carnival is happening over two exciting weekends.

Preventable Blindness: Early Detection Saves Vision

Vision loss is not an inevitable part of aging—many leading causes of blindness can be prevented with early detection and timely treatment. VISTA highlights the top three preventable causes of blindness:

Cataracts – The most common cause of blindness in Malaysia, responsible for 58.6% of cases ([2]). Modern cataract surgery can restore vision, but early detection is key.

Glaucoma – Known as the silent thief of sight, this disease damages the optic nerve with little to no symptoms until significant vision is lost. Regular screenings help detect it early and prevent irreversible blindness.

Diabetic Retinopathy – A serious eye complication from diabetes that affects 44.1% to 48.6% of diabetic patients in Malaysia ([3]). Without treatment, it can lead to blindness. Diabetes is a growing public health concern, affecting 20% of adults, with cases increasing from 11.2% in 2011 to 18.3% in 2019 ([4]).

The solution? Early detection and annual eye screenings! Malaysians over 50 should get their eyes checked every year. ([5]).

A Meaningful Celebration at the VISTA CNY Eye Carnival

Chinese New Year is a time of family reunions, togetherness, and celebration. Family gatherings highlight the importance of seeing loved ones clearly, a fundamental part of Ikigai—the Japanese philosophy of finding joy and purpose in life. Through this event, VISTA aims to encourage Malaysians to cherish their vision and take proactive steps toward maintaining eye health.

With the theme 年年有Luck (Nian Nian You Luck), Wish U-Luck Eye Carnival”, this event is part of VISTA’s Environmental, Social, and Governance (ESG) efforts to improve public health while engaging the community in a meaningful way to celebrate eye health, family connections, and prosperity across Malaysia.

“The VISTA CNY Eye Carnival has been six months in the making, and we are excited to share this initiative with the public in our centers nationwide. Our goal is to blend fun with education, so families and children leave with wonderful memories and greater awareness about the importance of eye health,” says Adrian Lim, Project Leader of the Carnival.

Exciting Activities Await!

  • Interactive carnival booths – Experience fun games and eye health challenges!
  • Family Connection Focus – Strengthening bonds through interactive activities emphasizing well-being and togetherness.
  • VISTA Diner – The Jellycat Experience – A playful, heartwarming experience bringing extra interactive fun.
  • Carnival giveaways – Receive Longevity Noodles, kids’ favorite stationery, and exclusive prizes!
  • Birthday Bash surprises – Celebrate February birthdays with a special hand towel gift!
  • Spend & Spin promotions – Stand a chance to win mystery gifts, travel accessories, and home essentials!
  • Social Media Giveaway – Win a Jellycat Little Snake plush (as seen with ENHYPEN), Touch ‘n Go reload pins, travel essentials, thrilling experiences, and a must-have home coffee upgrade.

VISTA’s Commitment to Eye Health & ESG Initiatives

Beyond eye care, VISTA integrates Environmental, Social, and Governance (ESG) principles into its operations, reinforcing its commitment to sustainability and social responsibility. The VISTA CNY Eye Carnival is part of the company’s broader ESG initiatives, which have earned multiple ESG Awards and BCorp certification—a designation for businesses meeting high social and environmental performance standards.

In 2025, VISTA will collaborate with Tzu Chi Malaysia to offer free cataract surgeries for 100 individuals from poor and underserved communities, reinforcing its commitment to making quality eye care accessible to all.

In addition, VISTA Eye Specialist has recently been honored in the Newsweek Asia Top Private Hospitals 2025 rankings, a testament to its dedication to world-class eye care and patient-centered services.

Gratitude to Our Partners

VISTA extends its sincere gratitude to its collaborating partners, including AbbVie, Johnson & Johnson Vision, Qualitas Health, Staar Surgical, Transmedic, OK Pharmacy, and Ziemer, whose support has been instrumental in making this event possible. Their commitment to advancing eye health aligns with VISTA’s mission to create a healthier and more visually vibrant future for all Malaysians.

Join the Movement for Clear Vision & Purpose

Mark your calendars! The VISTA CNY Eye Carnival 2025 will be happening across multiple locations over two weekends:

14–16 Feb 2025
Puchong, Cheras, Kajang, Ipoh Falim, Penang Straits Residences, Johor Bahru Sutera Utama

21–23 Feb 2025
Petaling Jaya The Curve, Klang, Kepong, Ipoh Bond Square, Air Itam, Johor Bahru Mount Austin

With an increasing number of people living to 100 years and beyond, VISTA believes that restoring clear vision enables individuals to fully embrace their golden years and live life to the fullest.

About VISTA Eye Specialist

A member of Qualitas Health Group, VISTA has been Malaysia’s leading provider of eye care services since 1999. Specializing in cataract and refractive surgeries, VISTA serves thousands of patients annually. Known for its innovative technology, exceptional care, and expert team, VISTA is recognized as the gold standard in eye health across the region.

References

  1. Trading Economics. Malaysia Life Expectancy Data. Retrieved from https://tradingeconomics.com/malaysia/life-expectancy-at-birth-total-years-wb-data.html
  2. PLOS One. Prevalence of Cataract in Malaysia. Retrieved from https://journals.plos.org/plosone/article?id=10.1371%2Fjournal.pone.0198799
  3. E-MJM. Risk Factors of Diabetic Retinopathy in Malaysia. Retrieved from https://www.e-mjm.org/2006/v61n4/Risk_Factors_Diabetic_Retinopathy.pdf
  4. LENS Monash. Tackling the Diabetes Epidemic in Malaysia. Retrieved from https://lens.monash.edu/%40medicine-health/2024/11/14/1387170/tackling-the-diabetes-epidemic-in-malaysia-challenges-and-interventions
  5. MOH Malaysia. Annual Eye Examination Guidelines. Retrieved from https://www.moh.gov.my/moh/resources/auto%20download%20images/587f12b24947e.pd

 

Arcadium Lithium Receives All Required Regulatory Approvals Globally to Close Acquisition by Rio Tinto and Announces Court Hearing Date

PHILADELPHIA and PERTH, Australia, Feb. 14, 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).

The sanction hearing for the Royal Court of Jersey (the “Court”) to hear Arcadium Lithium’s application to sanction the scheme of arrangement under Part 18A of the Companies (Jersey) Law 1991 has been set on March 5, 2025 at 5:00 a.m. EST (9:00 p.m. AEDT), with closing of the Transaction expected to occur shortly thereafter on March 6, 2025.

Arcadium Lithium shareholders are entitled to attend and be heard at the Court hearing, either in person or through a Jersey advocate, to support or oppose the Scheme.  The Court’s address is Royal Court House, Royal Square, St Helier, Jersey JE1 1JG and its telephone number is +44 1534 441 300. Arcadium Lithium shareholders may also submit written statements regarding the Scheme for the Court’s consideration.  Such statements can be made either: (i) by email sent to ArcadiumScheme@ogier.com; or (ii) in writing, addressed to Arcadium Scheme Correspondence, c/o Ogier (Jersey) LLP, 3rd Floor, 44 Esplanade, St Helier, Jersey, JE4 9WG.

In connection with completion of the Transaction, Arcadium’s shares and CHESS Depositary Receipts (CDIs) will be delisted from the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX) respectively.

For more information, please visit: https://ir.arcadiumlithium.com.

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.

Logo – https://laotiantimes.com/wp-content/uploads/2025/02/arcadium_lithium_horizontal_logo-1.jpg 

Arcadium Lithium Receives All Required Regulatory Approvals Globally to Close Acquisition by Rio Tinto and Announces Court Hearing Date

PHILADELPHIA and PERTH, Australia, Feb. 14, 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).

The sanction hearing for the Royal Court of Jersey (the “Court”) to hear Arcadium Lithium’s application to sanction the scheme of arrangement under Part 18A of the Companies (Jersey) Law 1991 has been set on March 5, 2025 at 5:00 a.m. EST (9:00 p.m. AEDT), with closing of the Transaction expected to occur shortly thereafter on March 6, 2025.

Arcadium Lithium shareholders are entitled to attend and be heard at the Court hearing, either in person or through a Jersey advocate, to support or oppose the Scheme.  The Court’s address is Royal Court House, Royal Square, St Helier, Jersey JE1 1JG and its telephone number is +44 1534 441 300. Arcadium Lithium shareholders may also submit written statements regarding the Scheme for the Court’s consideration.  Such statements can be made either: (i) by email sent to ArcadiumScheme@ogier.com; or (ii) in writing, addressed to Arcadium Scheme Correspondence, c/o Ogier (Jersey) LLP, 3rd Floor, 44 Esplanade, St Helier, Jersey, JE4 9WG.

In connection with completion of the Transaction, Arcadium’s shares and CHESS Depositary Receipts (CDIs) will be delisted from the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX) respectively.

For more information, please visit: https://ir.arcadiumlithium.com.

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.

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An independent third-party performance assessment confirms that the Aquarius AQ 150 engine demonstrates 25% higher efficiency than the world’s leading engines, operates on multiple fuel types, and is significantly lighter than existing alternatives

As a reminder, Aquarius’ innovative systems generate and supply clean electricity, designed to enable ultra-fast charging for electric vehicles in the rapidly growing EV market. Aquarius’ systems are smaller and more efficient than existing market solutions and do not depend on the power grid.

According to Gal Fridman, CEO of Aquarius: “This report unequivocally proves that Aquarius has the right solution at the right time in terms of structure, efficiency, and quality. Aquarius continues to lead the revolution in innovative engines and solidify its position in the technology market. With groundbreaking performance, operational flexibility, and a significant competitive advantage, the company anticipates growing interest in AQ engines from various industries.”

TEL AVIV, Israel, Feb. 14, 2025 /PRNewswire/ — Aquarius Engines (TASE: AQUA) is pleased to announce that it has received a performance assessment report for the AQ 150 engine, conducted by BTD (Breuer Technical Development), an independent third-party expert. The report, based on technological validation testing at an external engineering service company, confirms that the Aquarius Engine offers substantial advantages in size, weight, efficiency, and multi-fuel capability.

In the picture: Gal Friedman, CEO and founder of Aquarius Engines, together with the engine developed by the company.
In the picture: Gal Friedman, CEO and founder of Aquarius Engines, together with the engine developed by the company.

Key Findings:

  • The company has begun producing the first units of the Aquarius engine, the AQ dr engine, the first of its kind in the world.
  • The engine concept is modular. From the 6-cylinder engine, derivatives such as a single cylinder or 3 cylinders can be built.
  • The engine has been tested running on LPG in a single-cylinder configuration, with measurements used for simulations across other models.
  • With minimal modifications, the engine is expected to operate on hydrogen and CNG as well.
  • In a six-cylinder configuration, at 3,000 RPM, the engine is projected to achieve an efficiency of 40%.
  • The Aquarius Engine is remarkably lightweight and compact compared to similar engines from leading global manufacturers.
  • When compared to the four leading engine manufacturers worldwide, the Aquarius Engine demonstrates 25% greater efficiency than the best-performing engine on the market.
  • BTD confirms that Aquarius holds unique and essential innovations that fill significant gaps in the market.

It is important to note that the forecasts regarding engine performance and commercial implementation are based on current data but are subject to external factors beyond the company’s control and may change.

The company will continue to update on developments.

Contact:
odedm@aquariusengines.com 

An independent third-party performance assessment confirms that the Aquarius AQ 150 engine demonstrates 25% higher efficiency than the world’s leading engines, operates on multiple fuel types, and is significantly lighter than existing alternatives

As a reminder, Aquarius’ innovative systems generate and supply clean electricity, designed to enable ultra-fast charging for electric vehicles in the rapidly growing EV market. Aquarius’ systems are smaller and more efficient than existing market solutions and do not depend on the power grid.

According to Gal Fridman, CEO of Aquarius: “This report unequivocally proves that Aquarius has the right solution at the right time in terms of structure, efficiency, and quality. Aquarius continues to lead the revolution in innovative engines and solidify its position in the technology market. With groundbreaking performance, operational flexibility, and a significant competitive advantage, the company anticipates growing interest in AQ engines from various industries.”

TEL AVIV, Israel, Feb. 14, 2025 /PRNewswire/ — Aquarius Engines (TASE: AQUA) is pleased to announce that it has received a performance assessment report for the AQ 150 engine, conducted by BTD (Breuer Technical Development), an independent third-party expert. The report, based on technological validation testing at an external engineering service company, confirms that the Aquarius Engine offers substantial advantages in size, weight, efficiency, and multi-fuel capability.

 

In the picture: Gal Friedman, CEO and founder of Aquarius Engines, together with the engine developed by the company.
In the picture: Gal Friedman, CEO and founder of Aquarius Engines, together with the engine developed by the company.

 

Key Findings:

  • The company has begun producing the first units of the Aquarius engine, the AQ dr engine, the first of its kind in the world.
  • The engine concept is modular. From the 6-cylinder engine, derivatives such as a single cylinder or 3 cylinders can be built.
  • The engine has been tested running on LPG in a single-cylinder configuration, with measurements used for simulations across other models.
  • With minimal modifications, the engine is expected to operate on hydrogen and CNG as well.
  • In a six-cylinder configuration, at 3,000 RPM, the engine is projected to achieve an efficiency of 40%.
  • The Aquarius Engine is remarkably lightweight and compact compared to similar engines from leading global manufacturers.
  • When compared to the four leading engine manufacturers worldwide, the Aquarius Engine demonstrates 25% greater efficiency than the best-performing engine on the market.
  • BTD confirms that Aquarius holds unique and essential innovations that fill significant gaps in the market.

It is important to note that the forecasts regarding engine performance and commercial implementation are based on current data but are subject to external factors beyond the company’s control and may change.

The company will continue to update on developments.

Photo: https://laotiantimes.com/wp-content/uploads/2025/02/aquarius_engines-1.jpg

Contact:
odedm@aquariusengines.com