Livent improves earnings forecasts despite higher costs, expects lithium prices to keep rising
Published: Friday, 05 November 2021
United States-based lithium producer Livent has increased its revenue forecasts for October-December 2021 despite higher costs for energy and raw materials, it said on Thursday November 4.
The company also noted the tight supply of lithium
hydroxide and expected non-Chinese battery production to
increase, according to its third-quarter financial results
released on Thursday and a conference call on the same
Because the lithium producer expected higher lithium
prices in the fourth quarter, it increased its revenue...