Livent Corporation stands as a major global producer of lithium compounds, essential for lithium-ion batteries, pharmaceuticals, polymers, and aerospace materials. Established in 2018 as a spin-off from FMC Corporation, Livent brings nearly 80 years of expertise in lithium technology and production. The company’s NYSE-listed status (LTHM) reflects its significant position in the global lithium market.
Livent’s manufacturing footprint spans multiple continents, with facilities in the United States, England, India, China, and Argentina. Their Argentine operations are particularly notable for extracting high-quality lithium from brine sources, establishing Livent as a trusted supplier for premium lithium compounds worldwide.
Battery Technology
Livent’s contribution to battery technology centers on its LIOVIXTM platform, a specialized lithium metal formulation designed for advanced battery applications. This proprietary technology enables improved battery performance through enhanced energy density and safety characteristics. LIOVIXTM serves as a critical component in solid-state battery development, offering solutions for pre-lithiation and lithium metal anode manufacturing.
The company’s technical innovations extend to 3D printed battery manufacturing, where Livent collaborates with industry partners like Sakuu to create customized battery solutions. Their lithium compounds support various battery applications, from electric vehicles to renewable energy storage systems.
Livent’s research and development efforts focus on sustainable battery solutions, including materials recovery and recycling initiatives. Through partnerships with academic institutions like NTU Singapore, the company advances circular economy practices in battery production while maintaining high-performance standards.
Recent Projects
In late 2023, Livent completed the first phase of its 10,000 metric ton lithium carbonate expansion in Argentina, with commercial production beginning in early 2024. The second phase is scheduled for completion in the second half of 2024. Additionally, Livent has advanced lithium hydroxide expansion projects in the United States and China.
The company’s merger with Allkem, announced in 2023, creates a combined entity valued at $10.6 billion, positioning it as a leading integrated lithium chemicals producer globally.
Investors
Following the merger with Allkem Limited, approved in December 2023, the newly formed Arcadium Lithium plc represents a significant ownership restructuring. Allkem shareholders hold 56% of the combined entity, while Livent shareholders maintain 44%. The company maintains strategic partnerships with major automotive manufacturers, including Tesla and BMW, ensuring stable market positions in the electric vehicle sector.
Business Details
Location: Philadelphia, Pennsylvania, USA
Website: https://livent.com
LinkedIn: https://www.linkedin.com/company/33183033
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