Showing results for "Allkem"
technology
Lithium Permit Freeze Limited to New Projects, Argentina Province SaysThe Argentine province of Catamarca said a court ruling to halt the issuance of lithium permits only affects new projects, leaving companies such as Arcadium Lithium Plc and Posco Holdings Inc. free to continue producing the metal and developing existing projects.March 15, 2024
business
Australia News Today: Aboriginal Water Justice; Lithium deals; Tax bill; HintzeGood morning, it’s Adam here in Sydney with all you need to know to get your day started. And, a brand new documentary from Bloomberg Originals that investigates how Aboriginal people are being locked out of the water market.Today’s must-reads:• Billionaires risk dampening takeover appetite in lithium market• Tax avoidance penalties to ramp up • Michael Hintze sells most of his firmNovember 15, 2023
markets
Billionaire Lithium Crashers Hamper Australian Deals, Miners SayAustralia’s richest woman and other billionaire entrepreneurs wading into takeover offers threaten to cool enthusiasm over the country’s junior lithium sector, according to producers Livent Corp. and Allkem Ltd., currently finalizing a multibillion-dollar tie-up.November 15, 2023
markets
Lithium Rush Heats Up With SQM’s $1 Billion Azure BuyLithium mining giant SQM has won over Perth-based Azure Minerals Ltd. with a sweetened A$1.6 billion ($1 billion) cash offer, the latest deal as large battery-metal producers race to secure supply in Australia, home to some of the world’s richest deposits.October 26, 2023
markets
Lithium Craze Sparks 1,100% Stock Gains as Well as Deep LossesInvestors who bought Australian lithium stocks at the start of the year could have doubled their money or lost more than half of it — reflecting the extreme volatility of companies mining one of the world’s hottest commodities.August 22, 2023