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Lithium producer Allkem builds cash despite weaker quarter

Lithium producer Allkem expects carbonate product pricing of about US$50,000 per tonne in the December quarter, up 15% on the September period when sales of 3289t from the Olaroz brine project in Argentina generated record quarterly revenue of US$150 million and a cash margin of about 89%.

Michael Quinn
The rise and rise of lithium pricing

The rise and rise of lithium pricing

In addition, spodumene sales from the Mt Cattlin mine in Western Australia generated $106.7 million in revenue and a cash margin of 80%, with a further $35 million heading Allkem's way from low grade spodumene...

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