Luxembourg-based carbon black giant Orion has made a Form 8-K filing with the US Securities & Exchange Commission (SEC) stating that it expects to record a one-time pre-tax charge of about $60 million. This is apparently the result of a wire fraud scheme, though this was not explicitly spelled out.

Arcadium Lithium, the company formed by the merger of Livent and Allkem at the start of the year, has acquired the lithium metal business of Li-Metal for $11 million. This includes a pilot production facility in Ontario. Li-Metal founder and CTO Maciej Jastrzebski has entered into a consulting agreement to facilitate the transfer of technology and integrate the team.