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Reality bites for Livent

The reality of life as a public company is biting hard for Livent following the completion of its spinout from specialty chemicals producer FMC in March as its first quarter 2019 financial results showed it is not making enough money to cover its capital spending.

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Livent's Salar de Hombre Muerto operations in Catamarca, Argentina

The company, which had its initial public offering (IPO) on the NYSE stock exchange in October 2018, said it would invest US$235-$265 million this year on expansions in Argentina and the USA with the