Lumina Gold secures improved Ecuador terms with Cangrejos mining permit, analyst says
The contract includes $25 million in advance royalty payments to the government split into four stages.
Livent Corp, the lithium producer spun off last fall from FMC Corp, said on Monday it swung to a fourth-quarter profit on rising demand for the white metal.
The company, which produces lithium in Argentina, posted net income of $25.9 million, or 18 cents per share, compared with a net loss of $10.9 million, or 9 cents per share, in the year-ago period.
(By Ernest Scheyder; Editing by Dan Grebler)
