5 Followers USX:ALTM - Arcadium Lithium PLC Arcadium Lithium plc
Sector: Materials, Industry: Specialty Chemicals
Next Earnings: 30 Apr 2024
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USD 3.97    +0.1 (+2.58%)

25 Apr 2024


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General

CEO: Mr. David Clay Bretches

IPO: 2017-05-02

Headquarters: US

Employees: 0

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Description

Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. 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.

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