AllAnalyst Report
logoMorningstarOctober 05, 2020

Livent Corporation: Lithium Stocks Rally on Tesla Plans to Build Lithium Processing Facility; Shares Remain Undervalued

Symbols
LTHM
Sector(s)
Basic Materials
Rating
Premium
Current Price
$16.19
Fair Value
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Economic Moat
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Stewardship
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Summary

Livent is a pure-play lithium producer formed when FMC spun off its lithium business in October 2018. Livent should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from brine resources in Argentina. Livent also operates downstream lithium hydroxide conversion plants in the United States and China.

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