Arcadium Lithium Emerges from Livent-Allkem Merger
Arcadium Lithium announced the completion of the all-stock merger of equals between Allkem and Livent. With roughly $1.9 billion of combined total revenue in 2022 and a global team of more than 2,600 employees, the new, combined company is one of the largest integrated producers of lithium chemicals.
Paul Graves, CEO of Arcadium Lithium, said: “As one of the leading global producers of lithium chemicals, Arcadium Lithium has the resources, scale and expertise to meet the growing needs of our rapidly changing industry. We are a leader in every major lithium extraction process – from hard rock mining to conventional pond and DLE-based brine processing – and vertically integrated, from resource to chemical manufacturing, in strategic locations around the world.”
Graves continued: “Together, we are launching an exciting new company that combines the strengths and storied legacies of two incredible organizations, both with a wavering commitment to safe, responsible and sustainable operations. We look forward to building on this strong foundation and leading our industry forward.”
