Allkem Ltd (ASX: AKE) Share Price and News
Price
Movement
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1 Year Return
Allkem Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$5.86 billion
P/E Ratio
8.29
Dividend Yield
0.00%
Shares Outstanding
639.32 million
Earnings per share
0.694
Dividend per share
N/A
Year To Date Return
-21.89%
Earnings Yield
12.06%
Franking
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Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Allkem Ltd (ASX: AKE)
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Frequently Asked Questions
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Allkem Ltd does not currently pay dividends.
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Allkem Ltd, formerly Orocobre Ltd, listed on the ASX on 4 December 2007.
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Allkem Ltd was created on 30 November 2021 following the merger of Orocobre Ltd and Galaxy Resources.
AKE ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Allkem Ltd
Allkem Ltd (ASX: AKE), formerly Orocobre Ltd, is a specialty lithium and chemicals company.
The company's projects include lithium brine operations in Argentina, hard rock lithium projects in Western Australia and Canada, and a lithium hydroxide conversion facility in Japan.
Its flagship Olaroz project in northern Argentina supplies high-quality lithium globally. Expansion of the facility will mark Olaroz as one of the world’s largest lithium evaporation pond systems.
Allkem is dual-listed on the ASX and the Toronto Stock Exchange. The company is aiming to increase its production threefold by 2026 and maintain 10% of global lithium production over the next decade.
AKE Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 08 Dec 2023 | $9.16 | $0.38 | 4.33% | 3,863,434 | $8.87 | $9.22 | $8.86 |
| 07 Dec 2023 | $8.78 | $0.23 | 2.69% | 6,966,452 | $8.65 | $8.80 | $8.46 |
| 06 Dec 2023 | $8.55 | $0.25 | 3.01% | 7,014,364 | $8.09 | $8.58 | $8.05 |
| 05 Dec 2023 | $8.30 | $-0.34 | -3.94% | 8,334,180 | $8.47 | $8.49 | $8.20 |
| 04 Dec 2023 | $8.64 | $0.16 | 1.89% | 4,192,994 | $8.75 | $8.78 | $8.40 |
| 01 Dec 2023 | $8.48 | $-0.12 | -1.40% | 3,126,479 | $8.54 | $8.61 | $8.37 |
| 30 Nov 2023 | $8.60 | $0.10 | 1.18% | 7,758,877 | $8.52 | $8.60 | $8.30 |
| 29 Nov 2023 | $8.50 | $0.07 | 0.83% | 4,141,618 | $8.47 | $8.55 | $8.38 |
| 28 Nov 2023 | $8.43 | $0.08 | 0.96% | 4,828,116 | $8.32 | $8.58 | $8.29 |
| 27 Nov 2023 | $8.35 | $-0.11 | -1.30% | 4,067,373 | $8.52 | $8.56 | $8.32 |
| 24 Nov 2023 | $8.46 | $-0.04 | -0.47% | 4,254,765 | $8.60 | $8.67 | $8.44 |
| 23 Nov 2023 | $8.50 | $-0.38 | -4.28% | 3,441,085 | $8.77 | $8.87 | $8.49 |
| 22 Nov 2023 | $8.88 | $-0.41 | -4.41% | 3,258,678 | $9.00 | $9.04 | $8.83 |
| 21 Nov 2023 | $9.29 | $0.32 | 3.57% | 2,739,830 | $9.22 | $9.34 | $9.10 |
| 20 Nov 2023 | $8.97 | $0.28 | 3.22% | 2,226,470 | $8.98 | $9.01 | $8.79 |
| 17 Nov 2023 | $8.69 | $-0.36 | -3.98% | 4,385,702 | $8.65 | $8.85 | $8.63 |
| 16 Nov 2023 | $9.05 | $-0.07 | -0.77% | 2,629,228 | $9.15 | $9.21 | $9.02 |
| 15 Nov 2023 | $9.12 | $0.50 | 5.80% | 3,280,446 | $9.15 | $9.30 | $9.04 |
| 14 Nov 2023 | $8.62 | $-0.10 | -1.15% | 4,654,332 | $8.57 | $8.71 | $8.35 |
| 13 Nov 2023 | $8.72 | $-0.28 | -3.11% | 4,045,874 | $9.03 | $9.12 | $8.63 |
| 10 Nov 2023 | $9.00 | $-0.24 | -2.60% | 3,114,502 | $9.15 | $9.15 | $8.98 |
| 09 Nov 2023 | $9.24 | $-0.06 | -0.65% | 2,378,065 | $9.33 | $9.54 | $9.21 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 17 Nov 2023 | Peter Coleman | Buy | 11,492 | $99,670 |
On-market trade. average price
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| 16 Nov 2023 | Fernando de Roa | Buy | 16,000 | $145,767 |
On-market trade.
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| 03 Oct 2023 | Martin de Solay | Expiry | 9,638 | $107,463 |
As advised by the company. Lapsed, 2,77,126 Performance Rights
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| 03 Oct 2023 | Martin de Solay | Issued | 367,686 | $4,099,698 |
Conversion of securities.
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| 03 Oct 2023 | Martin de Solay | Exercise | 367,686 | $4,099,698 |
Conversion of securities. 2,86,764 Performance Rights
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| 15 Mar 2023 | Fernando de Roa | Buy | 20,000 | $212,705 |
On-market trade.
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| 06 Mar 2023 | Florencia Heredia | Buy | 2,330 | $19,849 |
On-market trade. US$
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| 28 Feb 2023 | Peter Coleman | Buy | 17,054 | $198,023 |
On-market trade. average price
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| 24 Feb 2023 | Martin de Solay | Issued | 168,662 | $2,003,704 |
Issue of securities. 654,450 Unlisted Performance Rights
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Richard Phillip Seville | Non-Executive Director | Apr 2007 |
Mr Seville has over 35 years of experience in the resources sector including over 25 years of experience as either Managing Director or Executive Director of various ASX, TSX or AIM listed companies. Richard was the founding Managing Director of Orocobre until he stepped down from the position in 2019. He is Chair of Sustainability Committee.
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| Mr John Turner | Non-Executive Director | Aug 2021 |
Mr Turner is the leader of Fasken Martineau DuMoulin's Global Mining Group. Fasken Martineau DuMoulin is a full-service law firm with offices in Canada, the UK, South Africa, and China. John has been involved in many of the corporate finance and merger and acquisition deals in the resources sector primarily through companies active in Africa, Latin America, Eastern Europe, Canada, and Australia. He is also currently the non-executive Chairman of GoGold Resources Inc, a TSX-listed gold and silver mining company. He is a member of the Risk Committee.
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| Mr Alan Fitzpatrick | Non-Executive Director | Aug 2021 |
Mr Fitzpatrick has more than 47 years of technical mining industry experience in project and construction management, engineering, maintenance, and plant operations, including acting as a project director for various major mining companies both locally and internationally. Alan has held numerous senior positions with engineering and mining companies such as Bechtel, BHP, Gold Fields, and Newmont Mining Corporation. He is a member of Risk and Sustainability Committee.
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| Ms Leanne Heywood | Non-Executive Director | Sep 2016 |
Ms Heywood is an ASX non-executive director with over 25 years corporate experience in the mining sector, including 10 years with Rio Tinto. Her experience includes strategic marketing, business finance (CPA) and compliance and she has led organizational restructures, disposals, and acquisitions. Additionally, Leanne has experience in international customer relationship management, stakeholder management (including governments and investment partners) and executive leadership in China, Japan, Mongolia, Singapore, South America, the US, Europe, and India. She is Chair of Risk Committee and member of Sustainability Committee.
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| Mr Peter John Coleman | Non-Executive Director | Oct 2022 |
Mr Coleman is the former chief executive officer, executive director and managing director of Woodside Petroleum Ltd., Australia's independent gas producer, having served in that role from 2011 until his retirement in June 2021. Prior to joining Woodside, Mr. Coleman spent 27 years with the ExxonMobil group in a variety of roles, including Vice President Asia Pacific from 2010 to 2011 and vice president of Americas from 2008 to 2010. Since 2012, he has been an adjunct professor of corporate strategy at the University of Western Australia Business School.
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| Mr Fernando Oris de Roa | Non-Executive Director | Jun 2010 |
Mr Roa was appointed a Director in March 2010. He is a business leader with a history of developing and operating enterprises within Argentina and has a reputation for upholding integrity and social responsibility in his business practices. He was also appointed as Ambassador of Argentina to the United States serving during 2018 and 2019. He is also a member of the Risk and Sustainability Committee.
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| Ms Florencia Heredia | Non-Executive Director | Aug 2021 |
Ms Heredia has more than 28 years of experience in the mining industry. She is currently a senior partner of the leading Argentinian legal firm Allende and Brea where she heads the Energy and Natural Resources, ESG and Sustainability practice. She is an expert in Argentine mining law with experience advising financial institutions and companies in mining transactions in Argentina and has repeatedly represented lenders in all mining project finance arranged in Argentina.
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| Mr Martin Perez de Solay | Chief Executive OfficerManaging Director | Jan 2019 |
Mr Solay has a career spanning engineering, operational improvement, banking, finance and executive management.
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| Mr Richard (Rick) Stacy Anthon | General CounselJoint Company Secretary | Mar 2015 |
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| Mr Neil Kaplan | Chief Financial OfficerJoint Company Secretary | Jan 2013 |
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| Christian Cortes | Acting Chief Financial Officer |
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| Neil Kaplan | Chief Financial OfficerJoint Company Secretary |
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| Illeana Freire | Chief Human Resources Officer |
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| John Sanders | Chief Legal Officer and Company Secretary |
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| Dr Robert Edwardes | Chief Projects Officer |
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| Christian Barbier | Chief Sales and Marketing Officer |
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| Karen Vizental | Chief Sustainability and External Affairs Officer |
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| James Connolly | Chief Technical Officer |
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| Rick Anthon | Corporate Development |
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| Richard (Rick) Stacy Anthon | General CounselJoint Company Secretary |
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| Hersen Porta | Head of Argentina Operations |
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| Liam Franklyn | Head of Australian Operations |
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| Denis Couture | Head of Canadian Operations |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 163,063,406 | 25.57% |
| J P Morgan Nominees Australia Pty Limited | 83,709,773 | 13.13% |
| Citicorp Nominees Pty Limited | 80,314,444 | 12.60% |
| Toyota Tsusho Corporation | 39,296,636 | 6.16% |
| BNP Paribas Nominees Pty Ltd Acf Clearstream | 22,730,503 | 3.56% |
| National Nominees Limited | 19,951,670 | 3.13% |
| BNP Paribas Noms Pty Ltd | 17,417,879 | 2.73% |
| Canadian Register Control | 13,106,131 | 2.06% |
| BNP Paribas Nominees Pty Ltd | 10,435,817 | 1.64% |
| HSBC Custody Nominees (Australia) Limited i | 6,304,266 | 0.99% |
| Creat Resources Holdings Limited | 3,650,000 | 0.57% |
| Citicorp Nominees Pty Limited i | 3,583,346 | 0.56% |
| HSBC Custody Nominees (Australia) Limited ii | 3,337,217 | 0.52% |
| Mr Nicholas Rowley | 3,000,000 | 0.47% |
| Citos Super Pty Ltd | 2,306,000 | 0.36% |
| BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd | 1,755,048 | 0.28% |
| Argo Investments Limited | 1,750,000 | 0.27% |
| BNP Paribas Nominees Pty Ltd i | 1,742,030 | 0.27% |
| BNP Paribas Noms (NZ) Ltd | 1,707,096 | 0.27% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 1,599,744 | 0.25% |
