Merger of Equals - Allkem and Livent slide image

Merger of Equals - Allkem and Livent

Allkem Galaxy Orocobre Livent History of Livent and Allkem ~80 YEARS OF LITHIUM PRODUCTION 20+ YEARS OF BRINE EXTRACTION 1950s: Lithium Corp of America began working closely with the US government developing useful applications for lithium hydroxide and carbonate 1954: Bessemer City production facility was opened in North Carolina 1991: Begun supplying Sony Electronics the lithium raw materials for its first Li-ion batteries using in camcorders 1940s 1950s 1985 1991 1944: Lithium Corp of America formed 1985: FMC Corp acquires Lithium Corp of America, a "world leader in the mining and production of lithium products" 1996: Galaxy Resources 2010: Began commercial operation at Mt. Cattlin (hard rock mining) was incorporated (headquartered in Australia) 1996 2007 2010 2007: Galaxy began trading on ASX 2012 1998 1998: Commencement of commercial operations at Hombre Muerto (Argentina) 2018: Livent IPO'd on the NYSE 2018 10+ YEARS OF HARD ROCK MINING 2020 2022: Livent acquires additional 25% stake in Nemaska, bringing total ownership to 50% 2022 2020: Livent acquires 25% stake in Nemaska 2022: Expansion at Bessemer City complete 2016: Acquired joint-venture partner General Mining Nov. 2022: First production at Naraha 2016 New Co 2012: Acquired Lithium One, taking ownership of Sal de Vida and James Bay 2019: Construction began on Naraha production plant (lithium hydroxide processing) 2019 2020 2005: Orocobre was incorporated (headquartered in Australia) 2010: Orocobre and Toyota Tsusho announce JV to develop Olaroz 2005 2007 2010 2015 2007: Orocobre began trading on ASX 2015: Commenced commercial production at Olaroz (brine) Aug. 2021: Allkem formed through merger of Galaxy / Orocobre 2020: Orocobre acquired Advantage Lithium Corp., taking 100% ownership of Cauchari Jan. 2022: 2022 Sal de Vida Stage 1 construction commenced 16
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