Livent

Lyten Secures $4 Million U.S. Department of Energy Grant to Accelerate Commercialization of High-Capacity, Long Cycle-Life Lithium-Sulfur Batteries

Retrieved on: 
Tuesday, January 30, 2024

Utilizing abundantly available and low-cost sulfur, the lithium-sulfur chemistry has the potential to deliver greater than twice the energy density of lithium-ion NMC (nickel, manganese, cobalt) chemistries.

Key Points: 
  • Utilizing abundantly available and low-cost sulfur, the lithium-sulfur chemistry has the potential to deliver greater than twice the energy density of lithium-ion NMC (nickel, manganese, cobalt) chemistries.
  • For this grant, Lyten is working with Stanford University, the University of Texas-Austin, and industrial partner Arcadium Lithium (formed via merger of Livent and Allkem).
  • Separately, Lyten is a subrecipient on a DoE grant awarded to Purdue University to improve modeling capabilities for lithium-sulfur cells.
  • Lyten investors include a broad range of industry leaders, including Stellantis (third-largest auto manufacturer in the world), FedEx, Honeywell, and Walbridge.

Global Lithium Market Size Expected to See Strong Growth In Next Few Years Growing to $10.44 Billion In 2028

Retrieved on: 
Thursday, January 11, 2024

The global lithium market size is expected to see strongly grown in the next few years.

Key Points: 
  • The global lithium market size is expected to see strongly grown in the next few years.
  • Major trends in the forecast period include advancements in lithium technologies, solid-state lithium batteries, diversification of lithium sources, integration of lithium in aerospace, and decentralized energy solutions.
  • An increase in smartphone adoption is expected to propel the growth of the lithium market going forward.
  • The report continued: “The increasing demand for electric vehicles is expected to propel the growth of the lithium market going forward.

LIVENT INVESTS IN ILiAD TECHNOLOGIES TO STRENGTHEN LEADERSHIP IN DIRECT LITHIUM EXTRACTION PRODUCTION PROCESSES

Retrieved on: 
Thursday, December 14, 2023

SAN DIEGO, Dec. 14, 2023 /PRNewswire/ -- Today, ILiAD Technologies, LLC and Livent Corporation (NYSE:LTHM) announced an agreement whereby Livent has acquired a minority stake in the parent company of ILiAD Technologies. ILiAD Technologies' parent company is a subsidiary of EnergySource Minerals (ESM), a leading developer of lithium projects in the Salton Sea Known Geothermal Resource Area in California. ILiAD Technologies will seek to commercialize and continue to develop the ILiAD (Integrated Lithium Adsorption Desorption) technology platform.

Key Points: 
  • SAN DIEGO, Dec. 14, 2023 /PRNewswire/ -- Today, ILiAD Technologies, LLC and Livent Corporation (NYSE:LTHM) announced an agreement whereby Livent has acquired a minority stake in the parent company of ILiAD Technologies.
  • ILiAD Technologies' parent company is a subsidiary of EnergySource Minerals (ESM), a leading developer of lithium projects in the Salton Sea Known Geothermal Resource Area in California.
  • ILiAD Technologies will seek to commercialize and continue to develop the ILiAD (Integrated Lithium Adsorption Desorption) technology platform.
  • ILiAD uses an innovative direct lithium extraction (DLE) technology that was developed over seven years of research and pilot testing by ESM.

North American Lithium 2.0: High-Grade Lithium Concentrations Attract Global Financing Attention

Retrieved on: 
Tuesday, December 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Lithium 2.0 is all about North America and some of the biggest new discoveries in the world.  While this may be against the backdrop of bad times for lithium stocks overall, it has actually created a situation in which lithium companies are significantly undervalued, yet of critical importance to our energy transition future.  Mentioned in today's commentary includes:  FMC Corporation (NYSE: FMC), Livent Corporation (NYSE: LTHM), Freeport-McMoRan Inc. (NYSE: FCX), Compass Minerals International, Inc. (NYSE: CMP), Rio Tinto Group (NYSE: RIO).

Key Points: 
  • EMP Metals has over 200,000 acres here in the most advantageous area of South Saskatchewan's Williston Basin: The Duperow formation, which is fast becoming the flashpoint for North American battery metals.
  • Viewfield and Mansur tested up to 259 mg/L and 148 mg/L respectively, lithium in brine.
  • The preliminary assessment confirmed a high-quality Inferred Resource of 1.2 million tonnes of lithium carbonate equivalent (LCE) at a weighted average grade of 143 mg/L.
  • To put these concentrations into perspective, the 259 mg/L EMPS tested at Viewfield is the highest concentration among explorers in the Leduc/Duperow Lithium area, and among the highest on record in North America.

North American Lithium 2.0: High-Grade Lithium Concentrations Attract Global Financing Attention

Retrieved on: 
Tuesday, December 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Lithium 2.0 is all about North America and some of the biggest new discoveries in the world.  While this may be against the backdrop of bad times for lithium stocks overall, it has actually created a situation in which lithium companies are significantly undervalued, yet of critical importance to our energy transition future.  Mentioned in today's commentary includes:  FMC Corporation (NYSE: FMC), Livent Corporation (NYSE: LTHM), Freeport-McMoRan Inc. (NYSE: FCX), Compass Minerals International, Inc. (NYSE: CMP), Rio Tinto Group (NYSE: RIO).

Key Points: 
  • EMP Metals has over 200,000 acres here in the most advantageous area of South Saskatchewan's Williston Basin: The Duperow formation, which is fast becoming the flashpoint for North American battery metals.
  • Viewfield and Mansur tested up to 259 mg/L and 148 mg/L respectively, lithium in brine.
  • The preliminary assessment confirmed a high-quality Inferred Resource of 1.2 million tonnes of lithium carbonate equivalent (LCE) at a weighted average grade of 143 mg/L.
  • To put these concentrations into perspective, the 259 mg/L EMPS tested at Viewfield is the highest concentration among explorers in the Leduc/Duperow Lithium area, and among the highest on record in North America.

Livent's Gilberto Antoniazzi to Speak at Deutsche Bank Lithium Battery Supply Chain Conference

Retrieved on: 
Tuesday, November 28, 2023

PHILADELPHIA, Nov. 28, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced that Gilberto Antoniazzi, chief financial officer, will speak at Deutsche Bank's 8th Annual Lithium Battery Supply Chain Conference, being conducted virtually on Wednesday, December 6, 2023 at 8:00 a.m.

Key Points: 
  • PHILADELPHIA, Nov. 28, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced that Gilberto Antoniazzi, chief financial officer, will speak at Deutsche Bank's 8th Annual Lithium Battery Supply Chain Conference, being conducted virtually on Wednesday, December 6, 2023 at 8:00 a.m.
  • ET.
  • Live access will be available on the Livent Investor Relations website and via the following link: Livent Fireside Chat .
  • A replay of the event will also be available on the Livent Investor Relations website and via the same link for a period of 30 days.

Livent Releases Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

-- Releases Feasibility Study for Nemaska Lithium Project --

Key Points: 
  • Livent Corporation (NYSE: LTHM) today reported results for the third quarter of 2023.
  • Third quarter revenue was $211.4 million, 10% lower than the second quarter of 2023 and 9% lower than the third quarter of 2022.
  • Volumes sold were roughly flat and lower average realized prices were partially offset by lower overall costs versus the second quarter of 2023 and the third quarter of 2022.
  • Livent has revised its guidance for full year 2023 financial performance and still expects significant year-over-year growth following record 2022 results.

Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030

Retrieved on: 
Tuesday, September 19, 2023

VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group  During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated. Acknowledging that just a decade ago, 75% of the world's lithium came from China, Chile, and Australia, moderator James Frith of Volta Energy Technologies predicted that "By 2030" those countries' share of all supply will be less than 50%—thanks to a rapidly advancing EV market, and geopolitical and supply-efficiency pushes for more North American-based lithium supply. Among the ongoing lithium projects on the continent that are making significant advances are those from Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), E3 Lithium Limited (TSXV: ETL) (OTCQX: EEMMF), Allkem Limited (TSX: AKE) (OTCPK: OROCF), Livent Corporation (NYSE: LTHM), and Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated.
  • The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario's next major lithium discovery will occur."
  • White Willow has quickly risen in prominence within USHA's esteemed North American portfolio, becoming the company's primary hard rock lithium asset.
  • Lithium Americas expects to begin mining in 2026, which will be after the completion of a split between its North and South American assets into two leading lithium companies.

Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030

Retrieved on: 
Tuesday, September 19, 2023

VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group  During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated. Acknowledging that just a decade ago, 75% of the world's lithium came from China, Chile, and Australia, moderator James Frith of Volta Energy Technologies predicted that "By 2030" those countries' share of all supply will be less than 50%—thanks to a rapidly advancing EV market, and geopolitical and supply-efficiency pushes for more North American-based lithium supply. Among the ongoing lithium projects on the continent that are making significant advances are those from Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), E3 Lithium Limited (TSXV: ETL) (OTCQX: EEMMF), Allkem Limited (TSX: AKE) (OTCPK: OROCF), Livent Corporation (NYSE: LTHM), and Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated.
  • The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario's next major lithium discovery will occur."
  • White Willow has quickly risen in prominence within USHA's esteemed North American portfolio, becoming the company's primary hard rock lithium asset.
  • Lithium Americas expects to begin mining in 2026, which will be after the completion of a split between its North and South American assets into two leading lithium companies.

Livent Releases Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

-- Highlights Nemaska Lithium Development Progress, Including Long-Term Supply Agreement with Ford --

Key Points: 
  • -- Highlights Nemaska Lithium Development Progress, Including Long-Term Supply Agreement with Ford --
    Livent Corporation (NYSE: LTHM) today reported results for the second quarter of 2023.
  • Second quarter revenue was $235.8 million, 7% lower than the first quarter of 2023 and 8% higher than the second quarter of 2022.
  • "We continued to see healthy demand from our customers which helped to support strong financial results in the second quarter.
  • Livent has reaffirmed its guidance for 2023 financial performance and continues to expect significant growth following record 2022 results.