Allkem Ltd (ASX: AKE) Share Price and News
Price
Movement
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1 Year Return
Allkem Limited Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$5.84 billion
P/E Ratio
33.78
Dividend Yield
N/A
Shares Outstanding
637.53 million
Earnings per share
-0.180
Dividend per share
N/A
Year To Date Return
-11.92%
Earnings Yield
2.96%
Franking
N/A
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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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 Limited (ASX: AKE), formerly known as Orocobre Limited (ASX: ORE), is an Australian mineral resources company based in Brisbane. It is a global supplier of lithium carbonate and boron with resources predominantly located in Argentina.
In a partnership arrangement with the trading arm of Toyota, Allkem constructed the first commercial, brine-based lithium operation in approximately 20 years. The company produces and sells lithium to a variety of industrial and technical sectors. According to Allkem, it is one the biggest and lowest-cost lithium producers in the world.
The company is also in the process of constructing a large-scale lithium hydroxide plant in Japan, the first of its kind for the country. Allkem believes the new facility will enable it to drive margin growth through the conversion of lithium carbonate to lithium hydroxide suitable for battery use.
Allkem floated on the ASX in 2007 and also listed on the Toronto Stock Exchange in 2010. As is common with many mining and minerals companies on the ASX, Allkem shares have seen a mixed performance since listing. The Allkem share price reached all-time highs of around $10 in November 2021.
AKE Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 25 Jan 2022 | $9.16 | $-0.76 | -7.66% | 7,037,639 | $9.80 | $9.90 | $9.04 |
| 24 Jan 2022 | $9.92 | $-0.43 | -4.15% | 4,761,087 | $9.86 | $10.15 | $9.66 |
| 21 Jan 2022 | $10.35 | $-0.74 | -6.67% | 5,064,962 | $10.82 | $10.99 | $10.18 |
| 20 Jan 2022 | $11.09 | $0.28 | 2.59% | 3,597,107 | $10.80 | $11.13 | $10.66 |
| 19 Jan 2022 | $10.81 | $-0.80 | -6.89% | 5,058,112 | $11.46 | $11.48 | $10.74 |
| 18 Jan 2022 | $11.61 | $0.25 | 2.20% | 4,237,803 | $11.45 | $11.97 | $11.43 |
| 17 Jan 2022 | $11.36 | $-0.07 | -0.61% | 2,993,998 | $11.75 | $11.75 | $11.15 |
| 14 Jan 2022 | $11.43 | $-0.23 | -1.97% | 2,012,289 | $11.55 | $11.65 | $11.38 |
| 13 Jan 2022 | $11.66 | $0.32 | 2.82% | 3,073,228 | $11.40 | $11.93 | $11.39 |
| 12 Jan 2022 | $11.34 | $0.46 | 4.23% | 3,174,864 | $11.22 | $11.38 | $11.08 |
| 11 Jan 2022 | $10.88 | $-0.16 | -1.45% | 2,209,587 | $11.00 | $11.23 | $10.87 |
| 10 Jan 2022 | $11.04 | $0.09 | 0.82% | 2,221,171 | $10.98 | $11.10 | $10.74 |
| 07 Jan 2022 | $10.95 | $0.14 | 1.30% | 2,421,703 | $10.84 | $11.12 | $10.79 |
| 06 Jan 2022 | $10.81 | $-0.51 | -4.51% | 4,343,996 | $11.07 | $11.17 | $10.73 |
| 05 Jan 2022 | $11.32 | $0.12 | 1.07% | 3,237,073 | $11.29 | $11.44 | $11.24 |
| 04 Jan 2022 | $11.20 | $0.80 | 7.69% | 6,700,287 | $10.60 | $11.21 | $10.50 |
| 31 Dec 2021 | $10.40 | $-0.08 | -0.76% | 1,765,225 | $10.51 | $10.59 | $10.32 |
| 30 Dec 2021 | $10.48 | $0.09 | 0.87% | 2,753,675 | $10.39 | $10.54 | $10.29 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 10 Nov 2021 | Martin de Solay | Sell | 50 | $459,500 |
On-market trade.
|
| 16 Sep 2021 | Martin de Solay | Issued | 87 | $820,975 |
Conversion of securities.
|
| 16 Sep 2021 | Martin de Solay | Exercise | 87 | $820,975 |
Conversion of securities. 501,462 - Performance Rights
|
| 13 Sep 2021 | Richard Seville | Sell | 833 | $7,774,764 |
On-market trade.
|
| 01 Jul 2021 | Martin de Solay | Exercise | 38 | $245,415 |
Conversion of securities. 588,986 - performance rights
|
| 01 Jul 2021 | Martin de Solay | Issued | 38 | $245,415 |
Conversion of securities.
|
| 12 Mar 2021 | Martin de Solay | Issued | 228 | $1,090,655 |
Issue of securities. 354,281 - performance rights
As per announcement on 12/03/2021. |
| 09 Mar 2021 | Martin de Solay | Issued | 114 | $498,144 |
Conversion of securities. As per announcement on 12/03/2021.
There is no transaction reported for conversion of rights. |
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Robert Hubbard | Non-Executive DirectorNon-Executive Deputy Chairman | Nov 2012 |
Mr Hubbard is also a Non-Executive Director of Bendigo and Adelaide Bank Limited and Chairman of Healius Limited. Robert was a partner at PricewaterhouseCoopers for over 20 years until 2013. During his time as a PwC partner, he served as auditor and adviser for some of resource companies with activities throughout Australia, Papua New Guinea, West Africa and South America. Robert is Chair of the Related Party Committee and a member of the People and Governance Committee. He is also a member of the Sustainability committee.
|
| Mr Richard Phillip Seville | Non-Executive Director | Apr 2007 |
Mr Seville has 25 years as either Managing Director or Executive Director of various ASX, TSX or AIM listed companies. After 12 years as Managing Director of Orocobre, Richard took a position as a Non-Executive Director. Richard is Chair of the Sustainability Committee and a member of the Related Party Committee.
|
| Mr John Turner | Non-Executive Director | Aug 2021 |
No Profile Reported in Annual Report.
|
| Mr Alan Fitzpatrick | Non-Executive Director | Aug 2021 |
Fitzpatrick
|
| Ms Leanne Heywood | Non-Executive Director | Sep 2016 |
Ms Heywood has over 25 years corporate experience in the mining sector, including 10 years with Rio Tinto. Her experience includes strategic marketing, business finance and compliance and she has led organisational restructures, disposals and acquisitions. She is a member of the Related Party Committee and People and Governance Committee.
|
| Mr Fernando Oris de Roa | Non-Executive Director | Jun 2010 |
Mr Oris de Roa is Chief Executive of S.A. San Miguel. Fernando was Chief Executive and shareholder of Avex S.A. from 2004 to 2012. Fernando was appointed as Ambassador of Argentina to the United States serving during 2018 and 2019. Fernando is the Chair of the People and Governance Committee and a member of the Related Party Committee.
|
| Mr Martin Ronald Rowley | Non-Executive ChairmanNon-Executive Director | Aug 2021 |
No Profile Reported in Annual Report.
|
| Ms Florencia Heredia | Non-Executive Director | Aug 2021 |
No Profile Reported in Annual Report.
|
| Mr Martin Perez de Solay | Chief Executive OfficerManaging Director | Jan 2019 |
Mr de Solay has a career spanning engineering, operational improvement, banking, finance and executive management. Prior to joining Orocobre Limited, Martin was the President and CEO of Petroleos Sudamericanos, an oil and gas producer operating in Argentina and Colombia. Prior to 2011, Martin was CFO and Head of Corporate Development of GeoPark and spent a decade in the institutional, corporate and restructuring activities of Citigroup.
|
| Mr Richard (Rick) Stacy Anthon | General CounselJoint Company Secretary | Mar 2015 |
-
|
| Mr Neil Kaplan | Chief Financial OfficerJoint Company Secretary | Jan 2013 |
-
|
| Neil Kaplan | Chief Financial OfficerJoint Company Secretary |
-
|
|
| Richard (Rick) Stacy Anthon | General CounselJoint Company Secretary |
-
|
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| J P Morgan Nominees Australia Pty Limited | 67,433,844 | 19.58% |
| HSBC Custody Nominees (Australia) Limited | 61,050,957 | 17.73% |
| Toyota Tsusho Corporation | 39,296,636 | 11.41% |
| Bnp Paribas Nominees Pty Ltd Acf Clearstream | 29,463,690 | 8.56% |
| Citicorp Nominees Pty Limited | 17,633,545 | 5.12% |
| Canadian Register Control\C | 15,263,518 | 4.43% |
| National Nominees Limited | 10,056,404 | 2.92% |
| BNP Paribas Noms Pty Ltd (DRP) | 8,414,899 | 2.44% |
| BNP Paribas Nominees Pty Ltd (Agency Lending DRP A/C) | 7,111,986 | 2.07% |
| Bnp Paribas Nominees Pty Ltd Six Sis Ltd (Drp A/C) | 3,411,550 | 0.99% |
| Bnp Paribas Nominees Pty Ltd (Ib Au Noms Retailclient Drp) | 3,335,202 | 0.97% |
| Mr Denis Grenville Hinton & Mrs Roslyn Susanna Hinton | 3,042,281 | 0.88% |
| Ecapital Nominees Pty Limited (Accumulation A/C) | 2,279,750 | 0.66% |
| MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED | 1,885,066 | 0.55% |
| Mr Robert Bruce Woodland & Mrs Erika Woodland (R Woodland Exhibit S/F A/C) | 1,437,500 | 0.42% |
| Fairground Pty Ltd | 1,174,131 | 0.34% |
| Citicorp Nominees Pty Limited (Colonial First State Inv A/C) | 973,702 | 0.28% |
| Hsbc Custody Nominees (Australia) Limited (Nt Comnwlth Super Corp A/C) | 832,637 | 0.24% |
| BNP Paribas Nominees Pty Ltd HUB24 Custodial Serv Ltd (DRP A/C) | 793,955 | 0.23% |
| Nambia Pty Ltd (The Anthon Family S/F A/C) | 768,074 | 0.22% |