Arcadium Lithium Acquires Li-Metal's Lithium Metal Business to Enhance Production Capabilities and Meet Demand for Next Generation Battery Materials
ALTMArcadium Lithium plc(ALTM) Prnewswire·2024-08-03 04:05

PHILADELPHIA and PERTH, Australia, Aug. 2, 2024 /PRNewswire/ -- Acquisition is expected to provide safer, lower cost and more sustainable process pathways for lithium metal production using various grades of lithium carbonate Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today announced it has acquired the lithium metal business of Li-Metal Corp. (CSE: LIM) (OTCQB: LIMFF) (FSE: 5ZO). The all-cash US$11 million acquisition includes the intellectual property and physical assets related to li ...