Livent completed the acquisition of a minority stake in ILiAD Technologies.

Livent, a lithium technology company, completed the acquisition of a minority stake in ILiAD Technologies, a direct lithium extraction technology company. Financial terms were not disclosed. "We are excited to partner with ILiAD Technologies as we continue to invest in processes and technologies which advance our strategy of producing high-quality lithium chemicals efficiently and sustainably. The ILiAD platform is a next generation, best-in-class technology that we expect will enhance and complement Livent's existing proprietary processes, helping us build upon our decades-long record of successfully using DLE-based production processes at commercial scale," Paul Graves, Livent President and CEO.