Livent seeks arbitration as Nemaska terminates supply agreement

Quebec junior Nemaska Lithium has terminated its multi-year supply agreement with Livent, prompting the NYSE-listed company to announce that it would “enforce its rights” and resume its arbitration.

Nemaska was supposed to start supplying lithium carbonate to Livent in April this year, at a rate of 8 000 t/y, or 28 000 t during the term of the contract.