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08 May
13:08

Arcadium focuses on savings after quarterly profit slump

Arcadium Lithium is focusing on savings after posting a slump in profits and slashing its workforce by a tenth, Kallanish reports. The lithium chemical giant says it remains on track to achieve a 40% increase in combined lithium hydroxide and lithium carbonate sales volumes for the full year, with volume growth weighted towards the second half of 2024. It is also working on several capacity expansions in Argentina and Canada, which will cost $1.6 billion in growth…
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