LTHM
- Livent Corporation
()
Overview
Company Summary
Livent Corporation (LTHM) is a company that specializes in the production and distribution of lithium compounds used in various industries. Lithium compounds, particularly lithium carbonate and lithium hydroxide, are fundamental materials in the manufacture of lithium-ion batteries, which power electric vehicles (EVs), consumer electronics, and energy storage systems.
Livent plays a critical role in the lithium supply chain, acting as a leading producer and supplier of high-quality lithium compounds. The company operates through two primary business segments:
1. Battery Materials: Livent focuses on the production and sale of lithium compounds for the rapidly growing EV and energy storage markets. As the demand for electric vehicles continues to surge, Livent provides essential materials to battery manufacturers, supporting the transition to cleaner transportation alternatives. The company aims to ensure a reliable supply of lithium compounds to meet the increasing demand for battery-grade materials.
2. Performance Lithium Compounds: In addition to serving the battery industry, Livent also produces and sells lithium compounds to various industries, including pharmaceuticals, ceramics, and lubricants. These performance lithium compounds are used in a variety of applications, such as the production of glass, ceramics, and greases. Livent's expertise and high-quality products in this segment make them a trusted supplier for diverse industries.
Overall, Livent Corporation operates as a key player in the lithium industry, catering to the growing energy storage and EV markets. By supplying essential lithium compounds, Livent contributes to the advancement of renewable energy, clean transportation, and various industrial applications reliant on lithium-based technologies.