Allkem (ASX: AKE) Share Price and News

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as at 24 Feb 3:44pm

  • Allkem (ASX: AKE)
    Latest News

    Row of lithium batteries
    Resources Shares

    Tesla boss: ASX lithium shares set to boom

    According to an executive at Tesla Inc, ASX lithium shares like Pilbara Minerals Ltd (ASX: PLS) might be in for…

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    rising asx share price represented by woman jumping in the air happily
    Share Gainers

    Why the Galaxy (ASX:GXY) share price rocketed 55% higher in April

    The Galaxy Resources Limited (ASX:GXY) share price was an exceptionally strong performer in May. Here's why it rocketed 55% higher...

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    asx share price increase represented by golden dollar sign rocketing out from white domes of lithium
    Resources Shares

    Why ASX lithium shares like Orocobre (ASX:ORE) soared in April

    ASX lithium shares like Orocobre Ltd (ASX: ORE) have been on fire in April. Find out why the Aussie producers'…

    Read more »

    A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
    Resources Shares

    Why the Orocobre (ASX:ORE) share price is at a 52-week high

    The Orocobre (ASX: ORE) share price is now up 47% year to date. So, what's been driving the Aussie lithium…

    Read more »

    asx share price increase represented by golden dollar sign rocketing out from white domes of lithium
    Resources Shares

    ASX lithium shares are soaring. Is it too late to jump onboard?

    If lithium prices are expected to increase in the mid-long term, is there still a chance to buy ASX lithium…

    Read more »

    Young Female investor gazes out window at cityscape
    Broker Notes

    Brokers weigh in on Galaxy (ASX:GXY) and Orocobre (ASX:ORE) merger

    What do brokers think about the $4 billion Galaxy Resources Limited (ASX: GXY) and Orocobre Limited (ASX: ORE) merger?

    Read more »

    China war ASX shares iron ore price record asx share price rise represented by a rising arrow on green chart
    Share Market News

    ASX miners in focus as the copper price looks poised to crack above 10-year highs

    The rally in ASX copper shares could extend for a few more months as experts believe the metal is heading…

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    ASX bank profit upgrade Red rocket and arrow boosting up a share price chart
    Share Gainers

    Why Eagers Auto, Orocobre, Sims, & Titomic shares are storming higher

    Orocobre Limited (ASX:ORE) and Sims Ltd (ASX:SGM) are two of four ASX shares that are storming higher on Monday. Here's…

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    asx share merger and share price rise represented by hand shake of two gold hands
    Mergers & Acquisitions

    Galaxy Resources (ASX:GXY) share price jumps on merger news

    The Galaxy Resources (ASX: GXY) share price is climbing after the company announced a $4 billion merger of equals with…

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    The last piece of the jigsaw being fitted, indicating good news for a share price on merger or acquisition
    Mergers & Acquisitions

    Galaxy (ASX:GXY) and Orocobre (ASX:ORE) announce mega lithium merger

    The Galaxy Resources Limited (ASX:GXY) share price and the Orocobre Limited (ASX:ORE) share price will be on watch after announcing…

    Read more »

    White piggy banks on blue background to symbolise ASX share price multiplying
    Broker Notes

    Why this broker thinks the Vulcan (ASX: VUL) share price can double again

    It looks like the Vulcan Energy Resources Ltd (ASX: VUL) share price could keep surging into new highs according to…

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    A happy woman at her laptop punches the air, indicating a rising share price
    Share Gainers

    Why Ampol, Netwealth, Orocobre, & Race Oncology shares are storming higher

    Netwealth Group Ltd (ASX:NWL) and Race Oncology Ltd (ASX:RAC) shares are two of four storming higher on Thursday...

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    Frequently Asked Questions

    Allkem Ltd does not currently pay dividends.

    Allkem Ltd, formerly Orocobre Ltd, listed on the ASX on 4 December 2007.

    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Allkem

    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. 

    Directors & Management Data provided by Morningstar.

    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.
    Mr John Stephen Morris 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.
    Mr Alan Murray 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.
    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.
    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.
    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.
    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.
    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.
    Mr Richard (Rick) Stacy Anthon General CounselJoint Company Secretary Mar 2015
    -
    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.

    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%

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