News: AKE Allkem Ltd Says Sept Quarter MT Cattlin Production Of 72,549 Tonnes Of Spodumene...

Oct 26 (Reuters) - Allkem Ltd (AKE) :

• SEPT QUARTER MT CATTLIN PRODUCTION OF 72,549 TONNES OF SPODUMENE CONCENTRATE
• DURING SEPT QUARTER, PRODUCTION AT OLAROZ LITHIUM FACILITY 4,453 TONNES OF LITHIUM CARBONATE,
• QTRLY GROUP REVENUE US$327 MILLION VERSUS US$298 MILLION REPORTED YEAR AGO
• RECORD LITHIUM CARBONATE SALES VOLUME OF 4,554 TONNES FOR QUARTER
• SEPT QUARTER MT CATTLIN SPODUMENE SALES OF 76,631 DMT, GENERATED REVENUE OF US$201.1 MILLION
• FOR LITHIUM MARKET, MEDIUM TO LONGER TERM DEMAND DRIVERS REMAIN RESILIENT DESPITE SHORT TERM SENTIMENT AND VOLATILITY
• OLAROZ STAGE 2 RAMP UP IS ON TRACK AND EXPECTED TO TAKE APPROXIMATELY 15 MONTHS
• CAUCHARI RESOURCE FIRST PRODUCTION EXPECTED IN H2 CY27
• ALLKEM AND LIVENT CURRENTLY STILL TARGETING COMPLETION OF TRANSACTION AROUND END OF CY2023