Lithium provider Livent has introduced its participation in a consortium to accumulate the enterprise and sure belongings of Nemaska Lithium, positioned in Québec. Livent will spend money on the corporate by way of a three way partnership with The Pallinghurst Group.
Livent has additionally prolonged its multi-year lithium hydroxide provide settlement with Tesla via 2021, and has dedicated to delivering greater volumes than in 2020. Livent continues to debate the framework for a long-term provide partnership with Tesla past 2021.
Livent has additionally introduced plans to considerably cut back carbon depth throughout its operations, with the goal of reaching carbon neutrality by 2040.