AKE 0.00% $9.83 allkem limited

Just going on Ford's announcement the deal is not quite the...

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    Just going on Ford's announcement the deal is not quite the US$5b reported elsewhere. They say the project will require a C$1.2b investment by the three parties.

    https://media.ford.com/content/fordmedia/fna/us/en/news/2023/08/17/ecoprobm--sk-on--ford-investing-in-quebec--building-cathode-plan.html

    Still a positive development of course and clearly will involve feedstock from Livent. That Trudeau did not get a mention in Ford's media release suggests he was a no-show. Shame the Quebec premier did not take the opportunity to announce that his government had approved Allkem's James Bay.
 
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