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Allkem to merge with US lithium producer Livent Corp in $10 billion deal – report

2023.05.10 05:03


© Reuters. FILE PHOTO: The company logo for lithium producer Livent Corp is displayed on a screen at the New York Stock Exchange (NYSE) during the company’s IPO in New York, U.S., October 11, 2018. REUTERS/Brendan McDermid

(Reuters) – Australian lithium miner Allkem Ltd has inked a $10 billion merger agreement with U.S.-based chemical manufacturing firm Livent (NYSE:) Corp, the Australian Financial Review reported on Wednesday.

The deal is anticipated to be announced overnight in the U.S., the report said.

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