Arcadium Lithium has successfully completed its first quarter as a unified entity following the merger of Allkem and Livent.
During this period, the company generated a revenue of $261 million, with an average realized pricing of over $20,000 per tonne for its combined hydroxide and carbonate volumes.
President and CEO Paul Graves expressed confidence in the company’s transition, emphasizing its strong customer relationships and diversified lithium product portfolio.
Despite a slight decline in combined volumes, primarily attributed to lower production at the Mount Cattlin lithium project in Western Australia, Arcadium observed higher prices for most lithium products due to improved market conditions.
Graves outlined plans for future expansion, with the company set to increase total capacity to 170,000 LCEs (lithium carbonate equivalent) by the end of 2026, marking a significant growth trajectory.
Arcadium remains optimistic about its position in the industry, citing resilience and strength post-merger and reaffirming its commitment to investing in valuable assets throughout market cycles.
