Livent Corporation

Good afternoon and welcome to the second quarter 2021 Earnings Release Conference Call for Liven Corporation. Phone lines will be placed on the listen-only mode throughout the conference. After the speaker's presentation, there will be a question and answer period. I will now turn the conference over to Mr. Daniel Wilson in Best Relations and Strategy for Liven Corporation. Mr. Wilson, you may begin.

Thank you, Chino. Good evening, everyone, and welcome to LiveIn's second quarter 2021 earnings call. Joining me today are Paul Graves, President and Chief Executive Officer, and Gilberto Antoniazzi, Chief Financial Officer. The slide presentation that accompanies our results, along with our earnings release, can be found in the investor relations section of our website. The prepared remarks from today's discussion will be made available after the call. Following our prepared remarks, Paul and Gilberto will be available to address your questions. We would ask that any questions be limited to two per caller. We would be happy to address any additional questions after the call. Before we begin, let me remind you that today's discussion will include forward-looking statements that are subject to various risks and uncertainties concerning specific factors, including but not limited to those factors identified in our release and in our filings with the Securities and Exchange Commission. Information presented represents our best judgment based on today's information. Actual risks may vary based upon these risks and uncertainties. Today's discussion will include references to various non-GAAP financial metrics. Definitions of these terms, as well as a reconciliation to the most directly comparable financial measure calculated and presented in accordance with GAAP, are provided on our Industrial Relations website. And with that, I'll turn the call over to Paul.

Thank you, Dan. Good evening, everyone. It's been a productive and exciting few months, and we have a number of important topics to discuss with you today. We reported strong second quarter results supported by improving customer demand and strengthening overall market conditions. And our ability to take advantage of this improving environment has enabled Liven to increase its 2021 four-year guidance, which we'll go into in more detail shortly. During the second quarter, Liban successfully completed its equity issuance, raising growth proceeds of $262 million. The transaction was met with strong demand from both new and existing investors, and the capital will be deployed primarily towards our lithium capacity expansions. As a reminder, Liban has already resumed its capacity expansion projects in the United States and Argentina earlier this year. by the execution of a number of long-term supply agreements and improving market outlook and continued local support. Also during the quarter, Liban released its 2020 Sustainability Report. It details our meaningful ESG progress in the last year. It highlights our new sustainability goals, and it reaffirms our commitment to environmental protection, social responsibility, and transparency. Before I provide further commentary on the state of our industry, as well as some livened specific updates, I'll turn the call over to Jim Gilbetto to walk us through livened financial performance.