News: AKE Allkem Ltd Says Qtrly Lithium Carbonate Sales Were 3,430 Tonnes

July 27 (Reuters) - Allkem Ltd (AKE) :

• QTRLY LITHIUM CARBONATE SALES WERE 3,430 TONNES
• JUNE QUARTER GROUP REVENUE $334 MILLION VERSUS $315 MILLION REPORTED IN MARCH QUARTER
• FY PRODUCTION AT OLAROZ LITHIUM FACILITY PRODUCTION OF 16,703 TONNES OF LITHIUM CARBONATE
• OLAROZ STAGE 2 ACHIEVED FIRST WET PRODUCTION IN MID JULY WITH COMMISSIONING TO CONTINUE AND RAMP UP OVER NEXT 12-18 MONTHS
• MT CATTLIN ACHIEVED ANNUAL PRODUCTION OF 130,984 TONNES OF SPODUMENE CONCENTRATE
• MT CATTLIN'S ORE RESERVE UPDATE CONFIRMS AN ADDITIONAL 4-5 YEAR MINE LIFE TO 2027-2028
• SALES FOR SEPTEMBER QUARTER ARE EXPECTED TO BE MATERIALLY HIGHER FROM OLAROZ STAGE 1
• FOR MT CATTLIN, SUBJECT TO REGULATORY APPROVAL, APPROVED MINING OF FIRST CUTBACK (STAGE 4-1) OF OPEN PIT
• FOR MT CATTLIN, APPROVED MINING OF FIRST CUTBACK (STAGE 4-1) OF OPEN PIT, WHICH WILL RESULT IN CONTINUED SPODUMENE PRODUCTION INTO 2026