News: AKE Allkem Ltd Announces Mt Cattlin Production Update

Feb 21 (Reuters) - Allkem Ltd (AKE) :

• MT CATTLIN PRODUCTION UPDATE
• ANTICIPATES PRODUCTION FOR JUNE HALF WILL BE ABOUT 80,000 - 90,000 TONNES WITH ANNUAL PRODUCTION OF 114,000 - 124,000 TONNES AT MT CATTLIN
• EXPECTED THAT MT CATTLIN PROCESS PLANT WILL ONCE AGAIN BE OPERATING AT FULL CAPACITY
• ONGOING SALES OF LOW-GRADE CONCENTRATE DURING H2 FY23 WILL CONTINUE TO SUPPLEMENT REVENUE AND EARNINGS
• DRILLING RESULTS CONFIRMED CO EXPECTATIONS PRODUCTION TO INCREASE AS MINING PROGRESSES AT MT CATTLIN
• SEEING MT CATTLIN RETURNING TO NORMAL LEVELS OF PRODUCTION
• WE EXPECT HIGHER PRODUCTION RATES TO CONTINUE FOR MT CATTLIN