Livent Corp aims to derive more than half of its lithium sales from the electric...
- Livent Corp aims to derive more than half of its lithium sales from the electric vehicle industry by next year, a shift for a company that historically has supplied the white metal for use in greases and other industrial products, its chief executive said Tuesday in an interview.
“Our customers are changing,” Chief Executive Paul Graves told Reuters. “The auto supply chain is an increasingly critical area for us.” Livent has focused its business on one specific type of the white metal, hydroxide, which has drawn weak demand in recent months due in part to uncertainty around China’s electric vehicle subsidies.
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