Arcadium Lithium (NYSE: ALTM)

Last close As at 22/11/2024

USD5.28

0.07 (1.34%)

Market capitalisation

USD5,680m

Arcadium Lithium is a leading global lithium chemicals producer committed to safely and responsibly harnessing the power of lithium to improve people’s lives and accelerate the transition to a clean energy future.

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Equity Analyst

Andrey Litvin

Energy and Resources Analyst

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (5.8) 95.1 N/A
Relative (6.6) 84.6 N/A
52 week high/low US$7.1/US$2.3

Financials

Alongside Albemarle and SQM, Arcadium Lithium is the third largest producer of downstream lithium chemicals outside China, capturing the full value chain from lithium resource to battery-grade lithium chemicals. The company has strong exposure to high value-add lithium products and boasts a pipeline of advanced development projects that could potentially more than triple its lithium capacity by 2030. Thanks to its established low-cost asset base and cash flow-generative business, Arcadium should be one of the main beneficiaries of the current cyclical lithium market downturn. Coupled with its strong growth profile, the company is well-positioned to capitalise on the inevitable recovery in lithium demand, driven by the secular decarbonisation trends.

Thematics

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Lithium’s adolescence

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