Welcome to our dedicated page for Livent news (Ticker: LTHM), a resource for investors and traders seeking the latest updates and insights on Livent stock.
Arcadium Lithium plc (NYSE: ALTM) delivers essential lithium compounds powering electric vehicles and renewable energy storage worldwide. This dedicated news hub provides investors and industry professionals with authoritative updates on strategic developments from the merged entity of Livent and Allkem.
Access timely reports spanning production milestones, partnership announcements, and sustainability initiatives. Our curated collection features operational updates from global facilities, financial performance disclosures, and progress reports on key projects like the Québec lithium hydroxide operation.
Key coverage areas include merger integration developments, battery-grade lithium production capacity changes, and environmental stewardship achievements. Track updates on supply agreements with automotive leaders and innovations in extraction technologies across hard-rock and brine operations.
Bookmark this page for verified updates on critical lithium market developments directly affecting Arcadium Lithium's position as a vertically integrated industry leader. Check regularly for objective reporting on production scaling efforts and sustainable resource management practices.
Livent Corporation (NYSE: LTHM) will release its fourth quarter 2022 earnings on February 14, 2023, after the market closes. The announcement will be made via PR Newswire and the company website. A webcast conference call is scheduled for the same day at 4:30 p.m. ET, allowing public participation through an Internet broadcast. Dial-in access will also be available for interested parties. A replay of the call can be accessed until February 28, 2023. Livent focuses on producing high-quality lithium compounds, with operations in the U.S., England, China, and Argentina.
Livent Corporation (NYSE: LTHM) has announced that its 2023 Annual Meeting of Stockholders will be held via live webcast on April 25, 2023, at 2:00 p.m. E.T. Instructions for accessing the webcast will be available on the company's Investor Relations website. With nearly eight decades of experience, Livent focuses on producing high-quality lithium compounds to meet the growing demand for lithium in various sectors, including green energy and modern mobility. The company operates in the U.S., England, China, and Argentina.
Livent Corporation (NYSE: LTHM) and Nanyang Technological University (NTU Singapore) announced a research collaboration on November 29, 2022. This partnership aims to enhance sustainable lithium battery technologies, led by Professor Madhavi Srinivasan. Livent's Chief Commercial Officer, Walter Czarnecki, emphasized the importance of expanding R&D partnerships to innovate battery solutions. Professor Srinivasan highlighted NTU's commitment to commercializing research for impactful outcomes, fostering sustainability in lithium-ion batteries used in electric vehicles and portable devices globally.
Livent Corporation (NYSE: LTHM) will have CFO Gilberto Antoniazzi speaking at Deutsche Bank's 7th Annual Lithium and Battery Supply Chain Conference on December 7, 2022, at 8:50 a.m. ET. The event will be accessible live via the Livent Investor Relations website. A replay will be available for 30 days post-event. Livent is known for its sustainable lithium production, serving various sectors including green energy and modern mobility.
Livent Corporation (NYSE: LTHM) has inaugurated a significant expansion at its lithium hydroxide production facility in Bessemer City, North Carolina. This expansion increases capacity by 50%, aligning with the rising demand for EV battery materials in the U.S. The company aims to leverage opportunities from the Inflation Reduction Act, promoting local production of lithium. This marks the first new lithium hydroxide facility in North America in over a decade, with local officials emphasizing the positive impact on jobs and the community.
Livent Corporation (NYSE: LTHM) reported a strong third quarter in 2022 with revenue of $231.6 million, marking a 124% year-on-year increase. The company achieved a GAAP net income of $77.6 million, up 29% from the previous quarter, and adjusted EBITDA reached $110.8 million, a 17% sequential growth. The firm is on track with its capacity expansions, including a 5,000 metric ton increase in Bessemer City and plans for additional capacity in Argentina and China. Livent revised its 2022 revenue guidance to $815 million to $845 million, reflecting an optimistic outlook.
Livent Corporation (NYSE: LTHM) has announced its upcoming third quarter 2022 earnings release on November 1, 2022, post-market close. The earnings report will be available via PR Newswire and the company's website. A subsequent webcast conference call is scheduled for the same day at 4:30 p.m. ET, accessible to the public via internet broadcast and phone. A replay of the call will be available until November 15, 2022. Livent specializes in high-quality lithium compounds, essential for green energy and modern mobility.
Livent Corporation (NYSE: LTHM) announced that CFO Gilberto Antoniazzi will speak at Cowen's 15th Annual Global Transportation & Sustainable Mobility Conference on September 7, 2022, at 1:40 p.m. ET. This virtual event highlights Livent's commitment to sustainable lithium production, meeting the rising demand for green energy and modern mobility solutions. Investors can access the live event on Livent's Investor Relations website. A replay will be available for 90 days following the conference.
Livent Corporation (NYSE: LTHM) reported robust second-quarter results for 2022, with revenue reaching $218.7 million, up 52% from Q1 and 114% year-over-year. GAAP net income was $60.0 million, a 13% increase from the previous quarter. Adjusted EBITDA soared to $95.0 million, marking a 78% quarter-over-quarter rise. A long-term supply agreement with General Motors, worth $198 million, secures lithium hydroxide delivery from 2025. Livent also raised its 2022 guidance, projecting revenue between $800 million and $860 million, and adjusted EBITDA of $325 million to $375 million.
Livent and General Motors have announced a significant long-term agreement for Livent to supply battery-grade lithium hydroxide for GM's electric vehicles, made from lithium primarily sourced from South America. This multi-year contract, starting in 2025, aims to transition 100% of lithium hydroxide processing for GM to North America, supporting GM's goal of producing 1 million EVs by the end of 2025. Both companies emphasize their commitment to responsible sourcing and sustainability, with Livent also focusing on expanding its North American capabilities.
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