Arcadium Lithium PLC
(NYSE:ALTM)
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. 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.
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![Thomas R. Carper headshot](https://bioguide.congress.gov/bioguide/photo/C/C000174.jpg)
Thomas R. Carper
Senate (D-DE)
-13.90%
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![]() Thomas R. CarperSenate (D-DE) | $1K - $15K | stock | Purchase | Mar 29, 2024 | Mar 21, 2024 | Senate |