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Allkem Ltd (ASX: AKE) is a lithium chemicals company with a global portfolio of diverse lithium chemicals. Allkem is headquartered in Buenos Aires, Argentina. Allkem has lithium brine operations in Argentina, a hard-rock lithium operation in Australia, plus a lithium hydroxide conversion facility in Japan. Allkem’s subsidiaries include Galaxy Resources.
A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down +0.74% to 7153.90.
Pilbara Minerals Ltd (ASX: PLS) and IGO Ltd (ASX: IGO) have reported record profits, leading to mountains of cash sitting on balance sheets, and outsized dividends returned to shareholders.
The Allkem Ltd (ASX:AKE) share price will face market attention after the ASX lithium share reported its FY23 result.
Sociedad Quimica y Minera de Chile (NYSE: SQM) is the world’s second-largest producer of lithium chemicals. Its 2Q23 report stunned the market by missing analyst profit expectations by ~20%, sending its shares lower.
The S&P/ASX 200 (INDEXASX: XJO) ended mostly flat on Friday. Here’s some of the key points you missed from ASX 200 trading this week.
A post-result bounce in the Commonwealth Bank of Australia (ASX: CBA) share price helped lift the Australian share market on Wednesday.
The S&P/ASX 200 (INDEXASX: XJO) price managed a tiny gain on Tuesday, with the Commonwealth Bank of Australia (ASX:CBA) share price in focus.
The Allkem Ltd (ASX:AKE) share price has jumped 15% after the ASX lithium share revealed a merger with Livent Corp (NYSE:LTHM).
