Lithium miner Allkem's annual profit rises 45%

Allkem

21/08/2023 23:12

Aug 22 (Reuters) - Global lithium miner Allkem Ltd
 AKE.AX  on Tuesday reported a 45% rise in its full-year profit,
boosted by higher output and  strong realised prices for
spodumene.
    The Argentina-based miner posted a net profit attributable
of $441.7 million for the year ended June 30, compared with
$305.7 million a year earlier. That compares with a Refinitiv
estimate of $439.8 million.
    
    


     

 (Reporting by Poonam Behura and John Biju in Bengaluru; Editing
by Krishna Chandra Eluri)
 ((John.Biju@thomsonreuters.com;))