Lithium miner Allkem's first-quarter revenue rises nearly 10%

Allkem

25/10/2023 22:43

Oct 26 (Reuters) - Lithium miner Allkem  AKE.AX  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 Corp  LTHM.N ,
said revenue was $327 million for the three months ended Sept.
30, compared with $298 million a year earlier.

 (Reporting by Shivangi Lahiri and John Biju in Bengaluru;
Editing by Pooja Desai)
 ((Shivangi.Lahiri@thomsonreuters.com;))