AKE allkem limited
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News: AKE Australia's Allkem first-half profit jumps over ten-fold on higher prices

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    24/02/23
    09:40
    Post #: 66438130

    Feb 24 (Reuters) - Australian lithium miner Allkem Ltd (AKE) reported a more than ten-fold jump in its first-half profit on Friday, boosted by sky-rocketing prices for the battery metal as demand surges amid a global push towards greener sources of energy.

    The company recorded a net profit attributable of $180.4 million for the half-year ended Dec. 31, compared with $16.6 million reported a year earlier.

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