Allkem + Livent = Arcadian (ASX:LTM) (NYSE:ALTM)

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Arcadium Lithium is a recently formed company, born from the December 2023 merger of Allkem Limited (ASX:AKE) and Livent Corporation (NYSE:LTHM).

This makes it a major player in the global lithium chemicals market, with a rich heritage and extensive capabilities.

Here's a quick rundown of what you need to know about Arcadium Lithium:

Stock codes NYSE: ALTM, ASX: LTM.

About the company:

Leading producer: It's a global leader in producing lithium chemicals, essential for lithium-ion batteries used in electric vehicles, electronics, and more.

Vertically integrated: They handle the entire process, from resource extraction to chemical manufacturing, across strategic locations worldwide.

Expertise in various processes: They utilize different methods like hard rock mining, conventional pond processing, and DLE for brine processing, giving them versatility.

Headquartered in Philadelphia, USA: However, they have operations and resources spread across different continents.

Recent developments:

Share price: Although their stocks saw an initial dip after the merger, they have shown positive signs lately, currently standing at $8.44 (as of January 20, 2024).

Market outlook: Analysts are optimistic about the lithium market, predicting a recovery in prices throughout 2024, which could benefit Arcadium.

Future goals: They aim to capitalize on the growing demand for lithium, focusing on sustainability and innovation in their operations.

Additional resources:

Official website: https://arcadiumlithium.com/

ASX share price: https://markets.ft.com/data/equities...ical?s=LTM:ASX

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https://ir.arcadiumlithium.com/inves...s/default.aspx