AKE – Allkem Ltd

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Recommendation Rating

2.16

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 11.64

Low: 7.4

High: 15.08

Total Analysts: 19

Company Profile

Allkem Limited is an Australia-based specialty lithium chemicals company. The Company is principally engaged in mineral extraction, production and chemical processing. Its portfolio includes lithium brine operations in Argentina, a hard-rock lithium operation in Australia, and a lithium hydroxide conversion facility in Japan. Its Olaroz Lithium Facility sits approximately 3,900 meters above sea level in the Jujuy Province of Northern Argentina. The Mt Cattlin project consists of an open pit mine and concentrator, which is located approximately two kilometers north of Ravensthorpe in the Great Southern region of Western Australia. The Naraha Lithium Hydroxide Plant is designed to convert primary-grade lithium carbonate feedstock into purified battery-grade lithium hydroxide. The James Bay Project is located in northern Quebec, approximately 130 kilometers east of James Bay and the Cree Nation of Eastmain community. Its other projects include Sal de Vida, Cauchari and Maria Victoria.

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