Arcadium Lithium (formerly Allkem Limited), established through the merger of Allkem and Livent in January 2024, is a global leader in lithium chemical production. The company specializes in extracting and processing lithium for batteries, particularly those used in electric vehicles and renewable energy storage systems. With operations spanning across Argentina, Australia, Japan, and Canada, Arcadium Lithium maintains a strong presence in the most significant lithium-producing regions worldwide. The company’s dual listing on the New York Stock Exchange (NYSE: ALTM) and Australian Securities Exchange (ASX: LTM) reflects its international scope and market significance.
Battery Technology
Arcadium Lithium’s technological portfolio encompasses the entire lithium production chain, from extraction to final chemical processing. Their facilities produce high-purity lithium carbonate and lithium hydroxide, essential components for modern battery manufacturing. The Naraha Lithium Hydroxide Plant in Japan represents a significant advancement in lithium processing, converting technical-grade lithium carbonate into battery-grade lithium hydroxide with a capacity of 10,000 tonnes annually. This facility specifically caters to the growing demand from electric vehicle manufacturers and energy storage system producers.
The company’s production methods integrate sustainable practices, particularly evident in their brine extraction operations in Argentina and hard rock mining in Australia. These complementary extraction methods ensure reliable supply chain management and consistent product quality. Their technical expertise extends to developing optimized lithium compounds that meet the stringent requirements of next-generation batteries, supporting the increasing energy density and performance demands of electric vehicle applications.
Recent Projects
In 2023, Arcadium Lithium advanced several significant initiatives. The James Bay Lithium Project in Québec received an updated feasibility study, showing a pre-tax Net Present Value increase to US$2.9 billion. The project incorporates renewable hydropower, supporting the company’s goal of achieving net-zero emissions by 2035. Additionally, the Cauchari lithium brine project in Argentina demonstrated enhanced economics, with plans to produce 25,000 tonnes of lithium carbonate annually.
Investors
Following the merger creating Arcadium Lithium, the investor base includes institutional and public shareholders trading on both the NYSE and ASX. Toyota Tsusho Corporation maintains a strategic partnership role, particularly in Japanese operations. The company structure also benefits from support from regional governments in Argentina, including Jujuy and Catamarca provinces, where significant operations are located.
Business Details
Location: Brisbane, Australia (Primary Headquarters) | The company operates additional facilities in Argentina, Australia, Japan, and Canada.
Website: https://allkem.co
LinkedIn: https://www.linkedin.com/company/allkemltd/
