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Arcadium Lithium (FRA:7WO) Other Assets for Insurance Companies


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What is Arcadium Lithium Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Arcadium Lithium Business Description

Industry
Comparable Companies
Traded in Other Exchanges
Address
Gateway Hub Shannon Airport House, Suite 12, Shannon, Clare, IRL, 19103
Arcadium Lithium is a pure-play lithium producer that was formed by the Allkem-Livent merger in January 2024. The company agreed to a deal for Arcadium to be acquired by Rio Tinto in an all-cash transaction that should close in 2025. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.