Livent, Now Rio Tinto

Livent, now part of Rio Tinto, is a global leader in lithium production, specializing in the extraction and refinement of lithium compounds critical for batteries, particularly in electric vehicles and energy storage. Originally spun off from FMC Corporation in 2018, Livent brought decades of expertise in lithium technology, which Rio Tinto, a major mining and metals corporation, acquired to strengthen its position in the growing clean energy sector. Rio Tinto generates revenue by mining, processing, and distributing essential minerals, with lithium becoming a strategic focus due to its role in the energy transition. This acquisition underscores Rio Tinto's commitment to sustainability and innovation, aligning with global trends toward decarbonization and renewable energy solutions.

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