Livent 'reviews expansion plans' on falling lithium prices, lowers revenue guidance

By Carrie Shi
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...

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