Arcadium Lithium PLC
Company Profile
Business description
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.
Contact
Gateway Hub Shannon Airport House
Suite 12
ShannonClare19103
IRLT: +353 16875238
E: daniel.rosen@livent.com
Sector
Basic Materials
Stock type
Cyclical
Industry
Specialty Chemicals
Fiscal Year End
31 December 2024
Employees
2,909
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 8,453.90 | 22.40 | -0.26% |
CAC 40 | 7,549.12 | 51.64 | 0.69% |
DAX 40 | 19,549.86 | 172.24 | 0.89% |
Dow JONES (US) | 42,514.95 | 409.94 | -0.96% |
FTSE 100 | 8,309.08 | 50.44 | 0.61% |
HKSE | 20,489.62 | 270.53 | -1.30% |
NASDAQ | 18,276.65 | 296.47 | -1.60% |
Nikkei 225 | 38,143.29 | 38.43 | 0.10% |
NZX 50 Index | 12,814.07 | 26.47 | 0.21% |
S&P 500 | 5,797.42 | 0.00 | 0.00% |
S&P/ASX 200 | 8,206.30 | 9.70 | -0.12% |
SSE Composite Index | 3,280.26 | 22.54 | -0.68% |