Feb 22 (Reuters) - Arcadium Lithium (ALTM.N) , opens new tab, which was formed earlier this year by the merger of Livent and Allkem, posted a 54% drop in fourth-quarter profit on Thursday amid slumping prices of the key battery metal.

The company post net income of $37.7 million, or 18 cents per share, compared to $82.7 million, or 39 cents per share, in the year-ago quarter. The results were consolidated between the two combined companies.

https://www.reuters.com/markets/commodities/arcadium-lithiums-quarterly-profit-drops-54-slumping-prices-2024-02-22/