Livent Corp - LTHM STOCK NEWS

Arcadium Lithium plc (NYSE: ALTM, ASX: LTM) has announced the release of its fourth quarter 2023 earnings results on February 22, 2024, after the stock market close. The company will also host a webcast conference call open to the public, providing an opportunity for investors and analysts to gain insights into the financial performance and future prospects of the company.

A new wave of mergers and acquisitions is on the rise in the lithium sector, with Tecpetrol acquiring 54% equity of Alpha Lithium Corporation at a per-share bid price of C$1.48, spending over C$150M on the Alpha transaction. The lithium market is gaining momentum with the mega-merger between Allkem Limited and Livent Corporation, and potential takeout targets like Lithium South Development Corporation and Argentina Lithium & Energy Corp. Lithium South has expanded its HMN Li Project resource by 175% and has announced a newly calculated resource of 1.583Mt of LCE with a stable lithium market price of around $22,000 per tonne. The company has attracted significant investment, and the salt flat where HMN Li is located has also seen billions of dollars in investment, reflecting positively on projects like Lithium South's and Argentina Lithium & Energy Corp's Rincon West project. The mega-merger between Allkem Limited and Livent Corporation is set to reshape the lithium landscape, creating the world's third largest lithium miner by production capacity. Tecpetrol's successful takeover bid of Alpha Lithium Corporation and the ongoing drilling and well testing activities indicate a positive outlook for the lithium market.

Livent Corporation (NYSE: LTHM) and Allkem Limited (ASX|TSX: AKE) have obtained shareholder approvals to complete a merger of equals, forming Arcadium Lithium plc (NYSE:ALTM) (ASX:LTM) on January 4, 2024. The merger is supported by Livent and Allkem shareholders, aiming to create long-term sustainable value for stakeholders.

ILiAD Technologies, LLC and Livent Corporation (NYSE:LTHM) have announced an agreement where Livent has acquired a minority stake in ILiAD Technologies' parent company, a subsidiary of EnergySource Minerals (ESM). ILiAD will commercialize and develop its Integrated Lithium Adsorption Desorption (ILiAD) technology platform, an innovative direct lithium extraction (DLE) technology. Livent will have the right to license ILiAD technology for anticipated deployment at its lithium brine resource in Argentina (Salar del Hombre Muerto) and is evaluating opportunities for future production use across its portfolio. Commercial utilization of ILiAD at Livent could begin as early as 2025.

Livent Corporation (NYSE: LTHM) CFO to Speak at Deutsche Bank's Lithium Battery Supply Chain Conference

Livent Corporation (LTHM) announced the virtual Livent Special Meeting on December 19, 2023, to vote on the proposed merger with Allkem Limited (AKE). The Livent Board recommends voting 'FOR' the merger. The registration statement on Form S-4 of Arcadium Lithium plc has become effective, serving as a proxy statement and prospectus. Livent stockholders needing assistance can contact Morrow Sodali, LLC. The closing of the Transaction is targeted for January 4, 2024.

Livent Corporation (NYSE: LTHM) Receives Regulatory Approvals for Merger with Allkem, Targeting January 4, 2024, Closing Date

Livent Corporation reports lower revenue in Q3 2023 compared to previous quarters, but higher adjusted EBITDA. The company remains on track for a merger with Allkem and releases a feasibility study for the Nemaska Lithium project. Livent provides an update on the progress of capacity expansions.

Livent Corporation to release Q3 2023 earnings on October 31, 2023