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05 Nov
17:42

LITHIUM: Livent upgrades revenue guidance on stronger Q4 fundamentals

Lithium producer Livent has upgraded its full-year guidance based on expectations of stronger market conditions in the fourth quarter, Kallanish reports. The US-based company said in its Q3 results last week that its revenues rose 42.7% in the three-month period ending on 30 September to $103.6 million. It’s now raising its 2021 guidance by nearly 40% to $390-410m. The July-September quarter saw higher pricing and demand for lithium products, although log…
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