ALTM - Arcadium Lithium plc (ALTM) TD Cowen's 2nd Annual Sustainability Week: Fireside Chat Conference (Transcript)
2024-05-23 16:49:08 ET
Arcadium Lithium plc (ALTM)
TD Cowen’s 2nd Annual Sustainability Week: Fireside Chat Conference
May 23, 2024 01:45 PM ET
Company Participants
Paul Graves - CEO
Conference Call Participants
David Deckelbaum - TD Cowen
Presentation
David Deckelbaum
Thanks everyone. Appreciate everyone's time during TD Cowen's 2nd Annual Sustainability Week. For our next panel, I'm joined by Paul Graves, CEO of Arcadium Lithium. As many of you know is the combination of former Livent and Allkem Companies, which was completed earlier this year.
Paul, very pleased to have you here today. Thanks for the time.
Paul Graves
Great. Happy to be here. Thanks.
Question-and-Answer Session
Q - David Deckelbaum
For those of you on the line, yes, I see several of you in the queue on the dashboard. So, if you have specific questions, you'd like me to ask, Paul, you can feel free to send through there. But else just to kind of get things started, maybe just talking about the merger itself, which closed in January.
I think we understand the strategic rationale that went into it and fully support that. Have there been any like incremental surprises that are you really didn't see coming either positive or negatively? I think I would probably highlight from my perspective the only incremental changes it seems from the initial deal deck would have been the rationalization of production at Mt Cattlin, which was more price driven, which wasn't, but it was more of reactive in nature and then perhaps the slow playing of the second phase of expansion at Salar Hombre, which again was also just seemed to be more macro conscious than anything else in balancing the balance sheet. But beyond that, have there been any notable changes to what you would have observed?
Paul Graves
No, it's the short answer to that. I mean, clearly, there were degrees of difference. In some cases, it's marginally better. In some cases, maybe a little bit more challenging than we would have thought. But pretty much, the advantage of having two goals at this is we spent a year and a half dancing, right, before we put the merger together. So, we spent a lot of time looking at each other's operations, understanding what was going on....
Arcadium Lithium plc (ALTM) TD Cowen's 2nd Annual Sustainability Week: Fireside Chat Conference (Transcript)