HIGHLIGHTS Olaroz resource increases 27% to 20.7 million tonnes lithium carbonate equivalent , comprising 7.6 Mt of Measured Resource, 7.1 Mt of Indicated Resource and 6 Mt of Inferred Resource Total resources in the Olaroz-Cauchari basin are now 27 Mt LCE in all resource categories, confirming the basin's status as hosting one of the largest [...]
Allkem Ltd. provides financial results for the Allkem Group for the half year ended 31 December 2022. HIGHLIGHTS Group revenue for the period increased almost 3x to US$558 million on the previous corresponding period The Olaroz Lithium Facility1 achieved record production of 7,542 tonnes, 13% higher than the prior record in 2019 Record revenue from [...]
Allkem Ltd. advises that further grade control drilling at Mt Cattlin has confirmed the location and grade of ore that will be mined over the remainder of H2 FY23. The Company anticipates that production for the June half will be approximately 80,000 - 90,000 tonnes with annual production of 114,000 - 124,000 tonnes. As previously advised first [...]
Allkem Ltd. will release its FY23 Half Year Financial Results on Friday, 24 February 2023. Managing Director and CEO, Mr. Martín Pérez de Solay and Acting CFO, Christian Cortes will conduct a live webcast briefing at 11:00 am AEDT on the same day. To pre-register your details and join the webcast briefing, please follow the link on the homepage of [...]
Allkem Ltd. advises with great sadness that Chief Financial Officer, Mr Neil Kaplan has passed away after a short illness. Deputy Chief Financial Officer Mr Christian Cortes has accepted the role of Acting Chief Financial Officer with immediate effect whilst a replacement for Mr Kaplan is identified. Mr Martín Pérez de Solay commented, "Neil was an [...]
Allkem Ltd. provides an update on its global lithium portfolio, business activities and financial position1 as at 31 December 2022. HIGHLIGHTS OPERATIONS The Olaroz Lithium Facility2 achieved record production of 4,253 tonnes of lithium carbonate which was up 17% on the previous corresponding period . Half year production was also a record at 7,542 [...]
Allkem Ltd. will release its December Quarter Activities Report on Wednesday, 18 January 2023. Managing Director and CEO, Mr. Martín Pérez de Solay and Chief Sales and Marketing Officer, Christian Barbier will conduct a live webcast briefing at 10:00 am AEDT on the same day. To pre-register your details and join the webcast briefing, please follow [...]
Allkem Ltd. has completed the sale of Borax Argentina S.A to Golden Wattle Springs Pty Ltd and has acquired the María Victoria lithium tenement from Minera Santa Rita S.R.L . Under the Transactions: Allkem transferred to Golden Wattle all of the issued shares in the two Borax holding companies and US$14 million cash for employee and rehabilitation [...]
Allkem Ltd. wishes to announce that all resolutions were passed following a poll at the Annual General Meeting held this morning, 15 November 2022. Details of the votes cast are provided on the following page. This release was authorised by Mr Martin Perez de Solay, CEO and Managing Director of Allkem Ltd.. Allkem Ltd. Annual General Meeting [...]
Allkem Ltd. advises that Mr. Martin Rowley has retired from the role of Chair and as a director of Allkem from the close of the 2022 Annual General Meeting which was held today 15 November 2022. Mr. Rowley leaves the Company in its strongest position ever having initiated and led the successful implementation of the merger between Galaxy Resources [...]
Allkem Ltd. and Toyota Tsusho Corporation are pleased to advise that the Naraha Lithium Hydroxide plant in Japan has produced its first lithium hydroxide chemical product. Allkem has a 75% economic interest in Naraha through a joint venture with Toyota Tsusho Corporation who manage the Naraha operation. TTC and contractor Veolia Jenets completed [...]
Allkem Ltd. provides an update on its global lithium portfolio, business activities and financial position1 as at 30 September 2022. HIGHLIGHTS OPERATIONS Production at the Olaroz Lithium Facility2 was up 17% on the previous corresponding period to 3,289 tonnes of lithium carbonate, 43% of which was battery grade material Lithium carbonate sales [...]
