Allkem chairman Peter Coleman said the companies are considering post-merger growth options for Arcadium in Canada and North America, where Livent has half ownership of miner Nemaska Lithium shared with the Quebec government. The IRA represented an opportunity for additional “cream on the cake,” he told reporters in Melbourne.
“As we look at building out our Canada operations, for example, it’s natural that processing be done either in Canada or in North America at the moment, and that’s good for us,” he said.
“They don’t have their own IRA,” he added, referring to Canada. “But they’re highly competitive and they know our option is to go 150 kilometres (93 miles) across the border. They understand that they need to compete to be able to get that value-added product.”
Coleman will continue as chairman of the new company, which will produce the metal in Canada, Argentina and Australia, behind only US-based…
