Livent share price
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Livent share price
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GlobeNewswire Allkem confirms material growth profile underpinned by 40 Mt Resource. Moving Averages.
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lithium is a key component in batteries for electric vehicles and will be pivotal as the auto industry switches from combustion engines to EVs over the next couple of decades. Lithium supply is one of the uncertainties for the car industry because of the predicted chronic shortages of the silvery-white material due to the expected rapid shift to battery power. The combination will create a company centred on lithium resources in Argentina, Australia and Canada, as well as processing in countries including China, the US and Japan. The two companies also have assets under development in Canada. The Australian government has identified lithium as one of the key elements in its critical minerals strategy, which includes an attempt to move up the value chain by establishing refining operations in the country.
Livent share price
Premier lithium resources and manufacturing sites in key locations globally across the lithium value chain. Highly complementary assets and vertically integrated business model focused on enhancing operational flexibility and predictability while lowering costs. Ability to de-risk and accelerate growth with a world-class pipeline of development projects, proven execution capabilities and technical, capital and projects expertise.
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See Historical Trend. Stock with good financial performance alongside good to expensive valuation.
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