Arcadium Lithium is a pure-play lithium producer that was formed by the Allkem-Livent merger in January 2024. Now management has agreed to a deal for Arcadium to be acquired by Rio Tinto in an all-cash transaction that should close in 2025. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.

Altus Midstream Company

Arcadium Lithium is a vertically integrated lithium producer that harnesses lithium to improve people’s lives and support the transition to a clean energy future, self-described as a global leader in the production of lithium chemical products.

COM:ARCADIUMLITHIUM

Arcadium Lithium

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04/11 21:01

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