# Livent and Allkem to merge in $14.3B deal creating lithium powerhouse

US-based Livent and Australia-based Allkem agreed to a $14.3 billion all-stock merger to create a leading lithium producer with operations in Canada, Argentina and Australia. The combined company will be headquartered in the US.

- Type: Acquisition
- Announced: 2023-05-11
- Value: $10.6B
- Status: announced
- Products: lithium chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Livent](https://endata.com/companies/70229.md)
- [Allkem](https://endata.com/companies/70230.md) (target)

## Sources

- [canadianlawyermag.com](https://www.canadianlawyermag.com/practice-areas/crossborder/quebec-mining-sector-to-benefit-from-14-billion-merger-of-two-lithium-giants/375889), 2023-05-11: "As a combined company, we will have the enhanced scale, product range, geographic coverage and execution capabilities to meet our customers’ rapidly growing demand for lithium chemicals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.