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06 Nov
14:22

Livent invests in new lithium project

Despite weak market conditions impacting its third quarter revenues, lithium specialist Livent is to invest in a new endeavour, Kallanish reports. The company has entered into a consortium to acquire Canada-based Nemaska Lithium via a joint venture with investment firm The Pallinghurst Group. New Memaska is a supplier of lithium hydroxide to various energy storage markets. Both companies will equally own Québec Lithium Partners, which will have a 50% equit…
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