General Motors and Livent Enter Long-Term Agreement

Livent will provide battery-grade lithium hydroxide to General Motors over a six-year period beginning in 2025. Lithium Hydroxide will be used in GM’s Ultium battery cathodes, which will power electric vehicles such as the recently revealed Chevrolet Blazer EV. The agreement is expected to help secure supply for GM while assisting Livent in expanding its North American capabilities. Both GM and Livent share a commitment to responsible operations and sustainable supply chains through industry and multi-stakeholder platforms. Livent is actively engaged in an IRMA third-party assessment, has a gold rating from EcoVadis for sustainability and has announced a goal of overall carbon neutrality by 2040. GM now has contractual commitments secured with strategic partners for all battery raw material to support its goal of 1 million units of EV capacity by 2025.