Inactive Instrument

Allkem

Equities

AKE

AU0000193666

Allkem sees low lithium prices extending over near term - chair

December 07, 2023 at 02:24 am

SYDNEY, Dec 7 (Reuters) - Allkem Ltd Chairman Peter Coleman said on Thursday he sees current low lithium prices extending for the near term.

Lithium prices have fallen amid slowing demand growth for electric vehicles which has led to a price war among makers in China and which may remain sluggish for years. (Reporting by Melanie Burton; Editing by Christopher Cushing)

Latest news about Allkem

Allkem to be Delisted from Toronto Bourse	01-05	MT
Allkem to be Removed from Australian Bourse's Official List	01-05	MT
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Arcadium Lithium plc Appoints Gilberto Antoniazzi as Chief Financial Officer	01-04	CI
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Allkem Says COMEX Approval Granted for James Bay	12-28	MT
North American Morning Briefing : S&P 500 Futures Just Shy of Record High	12-28	DJ
Allkem Secures Environmental Approval for James Bay Project Development	12-28	MT
Arcadium Lithium's Scheme to Acquire Allkem Takes Effect	12-26	MT
Allkem Limited(ASX:AKE) dropped from S&P Global BMI Index	12-22	CI
Allkem Limited(ASX:AKE) dropped from S&P/ASX 100 Index	12-22	CI
Allkem Limited(ASX:AKE) dropped from S&P/ASX 200 Materials Sector Index	12-22	CI
Allkem Limited(ASX:AKE) dropped from S&P/ASX 200 Index	12-22	CI
Allkem Limited(ASX:AKE) dropped from S&P/ASX All Ordinaries Index	12-22	CI
Allkem Limited(ASX:AKE) dropped from S&P/ASX 300 Index	12-22	CI
Livent, Allkem Shareholders Approve $10.6 Billion Merger	12-19	MT
Global markets live: Apple, AbbVie, Comcast, FMC Accenture...	12-19
Investors got more clues that rate cuts are imminent	12-19
Livent Secures Allkem Shareholders' Approval for Planned Business Combination	12-19	MT
Allkem Limited Brief: Said Shareholders Vote in Favour of Merger with Livent	12-19	MT
Allkem shareholders vote in favour of $10.6 bln Livent merger	12-19	RE
Allkem investors approve Livent $10.6 bln merger on proxy votes	12-19	RE
Transcript : Allkem Limited - Shareholder/Analyst Call	12-19
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Allkem Signs Kapisikama Agreement to Develop James Bay Lithium Project	12-15	MT

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Company Profile

Allkem Limited is a specialty lithium chemicals company with a global portfolio of lithium chemicals. The Company is principally engaged in mineral extraction, production, and chemical processing. The Company's segments include Olaroz, Mt Cattlin, James Bay, Sal De Vida projects, and Corporate. Its flagship Olaroz brine-based lithium facility is based in Northern Argentina and supplies lithium chemicals across the globe. The Mt Cattlin spodumene project (Mt Cattlin) produces spodumene concentrate utilizing conventional techniques to extract and process the resource. This wholly owned project is located two kilometers (km) north of the town of Ravensthorpe in Western Australia. The James Bay Project is located in northern Quebec, approximately 130 km east of James Bay and the Cree Nation of Eastmain community. Sal De Vida project is a tier one brine project, which is located in Catamarca Province on the Salar del Hombre Muerto. Its other project includes Cauchari mineral resource.

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