Data sources: YCharts, Livent-Allkem merger press release, and Albemarle and SQM 2022 annual reports. *Market caps as of May 9, the day before the merger announcement. The combined Livent-Allkem company's market cap is based on the terms of the deal. ** EBITDA = earnings before interest, taxes, depreciation, and amortization. ***SQM doesn't break out its adjusted EBITDA by segment.