Livent Publishes 2021 Sustainability Report

News provided by

Jul 06, 2022, 10:38 ET

-- Details Progress Against 2030 and 2040 ESG Goals --
-- Includes Highlights from Life Cycle Assessments of Key Lithium Products –
-- Describes Ongoing Initiatives for Responsible Operations and Expansions --

PHILADELPHIA, July 6, 2022 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today published its 2021 Sustainability Report. With the theme of Growing Responsibly, the report details the company's progress in 2021 and reaffirms its commitment to responsible production through its focus on environmental protection, social responsibility and transparency.

Paul Graves, president and chief executive officer of Livent, commented, "We believe lithium will continue to play an important role in decarbonization and the shift to electrification. With urgency building for climate change solutions, our 2021 Sustainability Report underscores the critical need for the lithium industry to responsibly meet the growing demand for lithium."

Mr. Graves continued: "Sustainability is and will continue to be a top priority for Livent as we approach key implementation milestones in our current capacity expansion projects and advance our recently announced expansions. In parallel with driving our growth initiatives, our teams are working hard to take the necessary steps to achieve our 2030 and 2040 ESG goals. This dual focus reflects our conviction that it is imperative—and achievable—to expand lithium production in a sustainable way."

Livent's 2021 Sustainability Report can be downloaded from the Sustainability section of livent.com.

Key ESG metrics in the report were reviewed and assured by ERM Certification and Verification Services (ERM CVS).

About Livent

For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. Livent has a combined workforce of approximately 1,100 full-time, part-time, temporary, and contract employees and operates manufacturing sites in the United States, England, India, China and Argentina. For more information, visit Livent.com.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "will continue to," "will likely result," "is on track," "should," "expect," "expects," "intends," "plans," "anticipates," "believe," "believes," "estimates," "predicts," "potential," "continue," "could," "forecast," "future," "is confident that," "plans," or "projects," the negative of these terms and other comparable terminology. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within Livent's 2021 Form 10-K filed with the SEC as well as other SEC filings and public communications. Livent cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. Livent undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.

The Company's investor relations website, located at https://ir.livent.com, should be considered as a recognized channel of distribution, and the Company may periodically post important information to the website for investors, including information that the Company may wish to disclose publicly for purposes of complying with federal securities laws.

Media contact: Juan Carlos Cruz +1.215.299.6725
[email protected]

Investor contact: Daniel Rosen +1.215.299.6208
[email protected]

SOURCE Livent Corporation