BMO Conference Presentation
Livent
1a Lithium Carbonate Expansions
Second Expansion
First Expansion
Status: Phase A: Nearing Completion;
Phase B: Ongoing
Location: Argentina
Capacity: 20,000 metric tons (two equal
phases)
First Production:
Phase A: 1H 2023; Phase B: Q1 2024
Capital Spending: ~$450 million in 22/23
Flow Sheet: Existing DLE-based process
Limited technology or start-up risks as
replication of existing processes
Carbonate expansion (Fénix; Catamarca, Argentina)
Status: Engineering
Location: Argentina
Capacity: 30,000 metric tons
Production: 2026
Capital Spending: $500-$700 million
Flow Sheet: Existing DLE-based process
Lower capital requirements than First
Expansion (camps, water pipeline, etc.
already built)
●
Will leverage equipment from First
Expansion that can be applied across
our entire Argentina operations
• Mechanical evaporation, zero liquid
discharge, closed loop recovery
• Frees up existing concentration
ponds
DLE = Direct Lithium Extraction.
Note: Capital spending amounts shown in USD; capacity shown in product metric tons.
Third Expansion
Status: Evaluating
Location: Argentina
Capacity: Up to 30,000 metric tons
Production: 2029 / 2030
Capital Spending: TBD
Flow Sheet: Conventional pond
evaporation-based process
Requires significantly less investment
in infrastructure (water, energy, etc.)
Potential to leverage existing Livent
facilities
Likely much lower capital intensity
versus Livent DLE-based expansions
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