Livent 'reviews expansion plans' on falling lithium prices, lowers revenue guidance
Published: Wednesday, 08 January 2020
Lithium producer Livent said it is “reviewing” production expansion plans and has adjusted its expected revenue for the fourth quarter and full-year of 2019 due to falling lithium prices.
North American lithium producer Livent has revised down its
financial guidance for fourth-quarter as well as full-year
revenues, and is reviewing potential changes to its planned
capacity expansion road map, it said on Tuesday January 7.
Livent reduced its expected fourth-quarter revenue to $75-80
million from $90-100 million and its...