Allkem merger raises stakes in battle for WA lithium assets

مصر أخبار أخبار

Allkem merger raises stakes in battle for WA lithium assets
مصر أحدث الأخبار,مصر عناوين

The new boss of the world’s No.3 lithium giant set to emerge from a merger of Allkem and Livent has signalled the company is on the hunt for assets in Australia, where he believes miners have been too reliant on China for downstream processing.

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 90%

Allkem shareholders will receive one share in the new company for each Allkem share held.It will have capacity to churn out 248,000 tonnes a year of lithium carbonate equivalent.

Established lithium producers and hopefuls are also beating a path to Canada, but Mr Graves sees little chance of it emerging as a major rival to WA in lithium spodumene production. Mr Graves likened shipping lithium concentrate from WA to China to selling into a “big hole” where there was not a lot of differentiation. “There’s not a lot of real partnering, and you’re not really capturing a lot of value,” he said.

Allkem’s Mt Cattlin mine will be the merged entity’s only asset in WA, but Mr Graves signalled it would grow that footprint. It will also have capacity to produce and process all range of lithium materials across assets in Argentina, Canada, the US, Australia, Japan, China and the UK.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

FinancialReview /  🏆 2. in EG
 

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

ASX-listed lithium company Allkem inks $US10 billion merger: sourcesASX-listed lithium company Allkem inks $US10 billion merger: sourcesAllkem, the rebadged Orocobre, is poised to unveil a merger agreement with NYSE-listed Livent.
اقرأ أكثر »

Allkem inks merger with LiventAllkem inks merger with LiventAllkem will merge with Livent to create a New York-listed $US10.6 billion ($15.7 billion) global force in lithium to be chaired by Peter Coleman.
اقرأ أكثر »



Render Time: 2025-01-20 08:08:36