[Arcadium Lithium's 2024 Production Guidance Shows Year-on-Year Increase]
Arcadium Lithium announced that the total lithium production from the company's salt lakes in 2023 was 40,000 tons of LCE. The total production guidance for 2024 is 52,000 to 57,000 tons, an increase of approximately 15,000 tons year-on-year. The Hombre Muerto salt lake expansion project of 10,000 tons was completed in 23Q3, with a production capacity utilization target of 75% in 2024. The Olaroz salt lake phase two expansion project of 25,000 tons started production in July 2023, with a production capacity utilization target of 40% in 2024.
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