PHILADELPHIA and PERTH, Australia, Aug. 2, 2024 /PRNewswire/ -- Acquisition is expected to provide safer, lower cost and more sustainable process pathways for lithium metal production using various grades of lithium carbonate Arcadium Lithium plc today announced it has acquired the lithium metal business of
Li-Metal Corp. . The all-cash US$11 million acquisition includes the intellectual property and physical assets related to lithium metal production, including a pilot production facility in Ontario, Canada. Key personnel from Li-Metal's lithium metal business will be joining Arcadium Lithium as part of the acquisition. Maciej Jastrzebski, Li-Metal's co-founder and Chief Technology Officer, has entered into a consulting agreement with Arcadium Lithium to facilitate the trans...