“We see Canada as a core part of our expansion capacity,” Paul Graves, Livent’s CEO, said in a Thursday interview. “We have to get bigger. We can’t just sit still.”
The Philadelphia-based company last month named Sarah Maryssael as its chief strategy officer to pursue potential lithium deals across the globe. Livent poached Maryssael from Tesla, where she oversaw the automaker’s lithium, cobalt and nickel sourcing.
Related: Livent in deal to buy Nemaska, extend Tesla contract
Livent earlier this week posted better-than-expected quarterly earnings and raised the midpoint of its annual forecast, though the company trimmed the forecast’s top end due to inflation concerns.
Livent has been steadily growing in Canada since forming a joint venture in 2020 to buy Quebec’s Nemaska lithium project, which is now expected to open by 2025 and produce 34,000 tonnes of lithium. Graves said Nemaska could eventually produce…
