Livent Corp. - Livent Invests in ILiAD Technologies to Strengthen Leadership in Direct Lithium Extraction Production Processes
Summary
ILiAD Technologies parent company is a subsidiary of EnergySource Minerals (ESM), a leading developer of lithium projects in the Salton Sea Known Geothermal Resource Area in California. The ILiAD solution is complementary to Livents proprietary process technologies and readily fits into the companys existing plant designs and flowsheet. "Livent is the worlds foremost practitioner and largest user of DLE-based production processes, and we are thrilled that they have recognized the advantages that ILiAD brings to the future of DLE. Livent has a combined workforce of approximately 1,350 full-time, part-time, temporary, and contract employees and operates manufacturing sites in the United States, England, China and Argentina. In some cases, we have identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases.