Livent and Allkem Merge to Create Arcadium Lithium, World's Leading Lithium Chemicals Company

According to Chemanager news on January 5, 2024, Arcadium Lithium announced the completion of the all-stock merger of equals between Allkem and Livent. The new combined company is one of the largest integrated producers of lithium chemicals, with total 2022 revenue of approximately $1.9 billion and a global team of more than 2,600 employees.

Paul Graves, CEO of Arcadium Lithium, said: “As one of the world’s leading producers of lithium chemicals, Arcadium Lithium has the resources, scale and expertise to meet the rapidly changing industry and growing demand. We are a leader in lithium extraction processes, which manifests in everything from hard rock mining to conventional ponds and DLE-based brine processing, as well as vertical integration from resources to chemical manufacturing, in strategic locations around the world. "

Graves continued, "Together we will create a new company that combines the strengths and assets of both organizations and a shared deep commitment to safe, responsible and sustainable operations. We look forward to building on this strong foundation and leading our industry forward. "