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On Jan. 4, 2024, the product of the tie-up between Australian lithium mining company Allkem and U.S. lithium refining outfit Livent will move up ...
Lithium firms Allkem Ltd (ASX: AKE) and Livent Corp (NYSE: LTHM) are shaking up the sector by merging to form the world’s third largest miner of the key metal used in the batteries that power ...
PHILADELPHIA, May 10, 2023 /PRNewswire/ --. Allkem and Livent announce definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 billion (A$15.7 ...
We believe Allkem is well on track to becoming a major lithium producer in scale and with strategic locations that are close to rapidly growing EV markets.
Lithium miner Allkem Ltd said on Wednesday it expects lower ore output in fiscal 2023 due to skilled labour crunch in Western Australia, although prices for the white metal are expected to be ...
The Livent-Allkem combination will be an all-stock merger, meaning no cash is being exchanged between these two companies. As of this writing, Livent and Allkem's combined market cap would be just ...
By Charl Malan Senior Metals and Mining Analyst We believe Allkem is well on track to becoming a major lithium producer in scale and with strategic locations that are close to rapidly growing EV ...
Shares of Livent were up about 5.4% to $25.53 in late morning trading on the New York Stock Exchange. Allkem's shares closed up nearly 1% on the Sydney Stock Exchange. Combining U.S.-based Livent ...
Lithium industry appears poised for M&A wave. The proposed tie-up between Livent and Allkem may signal that an acceleration in M&A activity across the broader lithium space has arrived.
ADELAIDE, Australia—Lithium producers Livent and Allkem said they had agreed to a merger that will create a global mining company worth $10.6 billion, illustrating how a surge in demand for the ...
Allkem has the lofty goal of becoming the world’s third biggest supplier of lithium chemicals and snaring 10 per cent of the market by 2030. Read Today's Paper Tributes.
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