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Allkem's first-quarter revenue rises nearly 10%

26th October 2023

By: Reuters

  

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Lithium miner Allkem posted a 9.7% jump in first-quarter revenue on Thursday, driven by higher production from its flagship Mt Cattlin project in Western Australia and Olaroz lithium facility in Northern Argentina.

The Argentina-headquartered company, which is nearing the close of its $10.6-billion merger with Livent, said revenue was $327-million for the three months ended Sept. 30, compared with $298-million a year earlier.

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Edited by Reuters

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