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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%.

Lithium producer Allkem builds cash despite weaker quarter Lithium producer Allkem builds cash despite weaker quarter Lithium producer Allkem builds cash despite weaker quarter Lithium producer Allkem builds cash despite weaker quarter Lithium producer Allkem builds cash despite weaker quarter

The rise and rise of lithium pricing

In addition, spodumene sales from the Mt Cattlin mine in Western Australia generated $106.

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