PHILADELPHIA and
PERTH, Australia,
Sept. 20, 2024 /PRNewswire/ --
- Underscores unique position as a vertically integrated, diversified global producer of lithium chemicals with low-cost and high-quality assets
- Details ongoing expansion programs expected to more than double total sales volumes by 2028 across multiple products and regions
- Outlines path to Adjusted EBITDA1 of $1.3 billion by 2028 supported by strong and flexible balance sheet with peak net leverage of 2.1x1,2
- Reaffirms significant expansion potential of one of the largest and most diverse resource bases in the industry
- Accelerating plan to deliver $125 million of merger-related cost savings roughly two years ahead of initial target
- Executed Memorandum of Understanding (MoU) with Toyota Tsusho in key step to unlocking further synergies
Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium" or the "Company"), a leading global lithium chemicals producer, today provided a number of strategic updates at its inaugural 2024 Investor Day. During the event, the Company reviewed its operating, commercial and growth strategies while reinforcing its commitment to sustainability leadership. The Company also discussed its plans for disciplined volume expansion and provided a long-term financial view.
