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
$9.07 billion
P/E Ratio
12.24
Dividend Yield
0.00%
Shares Outstanding
637.66 million
Earnings per share
0.770
Dividend per share
N/A
Year To Date Return
27.58%
Earnings Yield
8.17%
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)
Latest News
Materials Shares
‘Amongst the best in the world’: Why the Allkem share price is charging higher today
Materials Shares
These ASX lithium shares could rise 30%+: analysts
Materials Shares
Own Allkem shares? Here’s what to expect from its FY23 results
Materials Shares
‘Sudden and volatile’: Is a lithium price shock coming for ASX 200 lithium shares?
Broker Notes
Bell Potter names 2 of the best ASX 200 shares to buy in August
Share Gainers
Here are the top 10 ASX 200 shares today
Materials Shares
Own ASX lithium shares? Here’s the latest lithium price forecast
Materials Shares
This ASX lithium share could rise 30%: analyst
Materials Shares
Lithium deposit up and leadership out: Why Allkem shares are failing to spark
Materials Shares
Uh-oh! Could this pose a threat to ASX 200 lithium shares?
Materials Shares
Why is the Allkem share price rising on Tuesday?
Broker Notes
Brokers name 3 ASX shares to buy now
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 |
|---|---|---|---|---|---|---|---|
| 09 Aug 2023 | $14.22 | $-0.12 | -0.84% | 2,116,911 | $14.38 | $14.42 | $14.06 |
| 08 Aug 2023 | $14.34 | $-0.36 | -2.45% | 3,745,429 | $14.40 | $14.63 | $14.28 |
| 07 Aug 2023 | $14.70 | $0.34 | 2.37% | 3,115,732 | $14.52 | $14.87 | $14.46 |
| 04 Aug 2023 | $14.36 | $-0.20 | -1.37% | 3,044,630 | $14.45 | $14.53 | $14.23 |
| 03 Aug 2023 | $14.56 | $-0.24 | -1.62% | 1,835,757 | $14.60 | $14.75 | $14.55 |
| 02 Aug 2023 | $14.80 | $-0.10 | -0.67% | 1,905,446 | $14.71 | $14.96 | $14.70 |
| 01 Aug 2023 | $14.90 | $0.08 | 0.54% | 2,592,759 | $14.67 | $15.18 | $14.60 |
| 31 Jul 2023 | $14.82 | $-0.38 | -2.50% | 2,973,774 | $15.04 | $15.13 | $14.73 |
| 28 Jul 2023 | $15.20 | $-0.12 | -0.78% | 1,783,212 | $15.01 | $15.28 | $14.96 |
| 27 Jul 2023 | $15.32 | $-0.47 | -2.98% | 2,585,816 | $15.50 | $15.86 | $15.30 |
| 26 Jul 2023 | $15.79 | $0.39 | 2.53% | 3,154,303 | $15.60 | $15.98 | $15.28 |
| 25 Jul 2023 | $15.40 | $0.34 | 2.26% | 4,755,833 | $14.70 | $15.66 | $14.65 |
| 24 Jul 2023 | $15.06 | $-0.89 | -5.58% | 4,876,175 | $15.49 | $15.52 | $14.91 |
| 21 Jul 2023 | $15.95 | $-0.55 | -3.33% | 4,804,072 | $16.29 | $16.44 | $15.78 |
| 20 Jul 2023 | $16.50 | $0.01 | 0.06% | 1,748,352 | $16.24 | $16.53 | $16.20 |
| 19 Jul 2023 | $16.49 | $0.05 | 0.30% | 4,704,965 | $16.46 | $16.67 | $16.44 |
| 18 Jul 2023 | $16.44 | $0.13 | 0.80% | 2,229,778 | $16.69 | $16.76 | $16.41 |
| 17 Jul 2023 | $16.31 | $-0.13 | -0.79% | 3,624,367 | $16.44 | $16.44 | $16.15 |
| 14 Jul 2023 | $16.44 | $-0.29 | -1.73% | 1,970,015 | $16.82 | $16.82 | $16.31 |
| 13 Jul 2023 | $16.73 | $0.31 | 1.89% | 2,532,938 | $16.60 | $16.85 | $16.45 |
| 12 Jul 2023 | $16.42 | $-0.17 | -1.02% | 1,913,721 | $16.72 | $16.78 | $16.35 |
| 11 Jul 2023 | $16.59 | $0.44 | 2.72% | 2,575,321 | $16.50 | $16.66 | $16.42 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 15 Mar 2023 | Fernando de Roa | Buy | 20 | $212,705 |
On-market trade.
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| 06 Mar 2023 | Florencia Heredia | Buy | 2 | $19,849 |
On-market trade. US$
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| 28 Feb 2023 | Peter Coleman | Buy | 17 | $198,023 |
On-market trade. average price
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| 24 Feb 2023 | Martin de Solay | Issued | 168 | $2,003,704 |
Issue of securities. 654,450 Unlisted Performance Rights
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| 15 Nov 2022 | Peter Coleman | Buy | 15 | $250,915 |
On-market trade. average price
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| 26 Oct 2022 | Florencia Heredia | Buy | 1 | $9,631 |
On-market trade. US$
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| 05 Oct 2022 | Martin de Solay | Exercise | 272 | $3,830,294 |
Conversion of securities. 485,788 Unlisted Performance Rights
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| 05 Oct 2022 | Martin de Solay | Buy | 272 | $3,830,294 |
Conversion of securities.
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| 26 Sep 2022 | Martin de Solay | Expiry | 11 | $165,017 |
As advised by the company. 758,601 Unlisted Performance Rights
LAPSED As per announcement on 29-09-2022 |
| 07 Sep 2022 | Fernando de Roa | Sell | 50 | $690,744 |
On-market trade.
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| 06 Sep 2022 | Martin Rowley | Sell | 149 | $2,094,188 |
On-market trade.
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| 06 Sep 2022 | Martin de Solay | Sell | 190 | $2,659,075 |
On-market trade.
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| 01 Sep 2022 | Martin Rowley | Sell | 76 | $1,056,690 |
On-market trade.
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| 01 Sep 2022 | John Turner | Sell | 20 | $245,740 |
On-market trade. CAD, http://www.aspecthuntley.com.au/asxdata/20230719/pdf/02688296.pdf
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| 30 Aug 2022 | Richard Seville | Sell | 1 | $20,767,500 |
On-market trade.
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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 is a mining geologist and geotechnical engineer with over 35 years' experience in the resources sector including over 25 years' experience as either Managing Director or Executive Director of various ASX, TSX or AIM listed companies.
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| Mr John Turner | Non-Executive Director | Aug 2021 |
Mr Turner was appointed a Director in August 2021. John 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 leading corporate finance and merger and acquisition deals in the resources sector primarily through companies active in Africa, Latin America, Eastern Europe, Canada and Australia.
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| Mr Alan Fitzpatrick | Non-Executive Director | Aug 2021 |
Mr Fitzpatrick was appointed a Director in August 2021. Alan 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 mining companies both locally and internationally.
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| Ms Leanne Heywood | Non-Executive Director | Sep 2016 |
Ms Heywood was appointed a Director in September 2016. Leanne is an experienced ASX non-executive director with over 25 years corporate experience in the mining sector, including 10 years with Rio Tinto.
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| Mr Peter John Coleman | Non-Executive Director | Oct 2022 |
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| Mr Fernando Oris de Roa | Non-Executive Director | Jun 2010 |
Mr Roa was appointed a Director in June 2010. Fernando is a business leader with a history of developing and operating large enterprises within Argentina. He was also appointed as Ambassador of Argentina to the United States serving during 2018 and 2019.
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| Ms Florencia Heredia | Non-Executive Director | Aug 2021 |
Ms Heredia was appointed a Director in August 2021. Florencia has more than 28 years' experience in the mining industry. She is currently a senior partner of the leading Argentinian legal firm Allende & Brea where she heads the Energy and Natural Resources, ESG and Sustainability practice.
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| Mr Martin Perez de Solay | Chief Executive OfficerManaging Director | Jan 2019 |
Mr Solay was appointed to the Allkem Limited Board as Managing Director on 18 January 2019. At the same time, Martin formally commenced his duties as Chief Executive Officer.
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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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| Keith Muller | Business Leader Australian Asset |
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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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| Christian Cortes | Chief of Staff |
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| James Connolly | Chief Project Development 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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| 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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| Denis Couture | Head of Canadian Operations |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 146,894,199 | 23.04% |
| J P Morgan Nominees Australia Pty Limited | 86,643,190 | 13.59% |
| Citicorp Nominees Pty Limited | 58,198,925 | 9.13% |
| Toyota Tsusho Corporation | 39,296,636 | 6.16% |
| National Nominees Limited | 27,585,781 | 4.33% |
| BNP Paribas Nominees Pty Ltd Acf Clearstream | 26,814,511 | 4.21% |
| BNP Paribas Noms Pty Ltd <DRP> | 24,788,352 | 3.89% |
| Canadian Register Control\C | 12,190,659 | 1.91% |
| BNP Paribas Nominees Pty Ltd <Agency Lending DRP A/C> | 9,651,845 | 1.51% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 4,847,133 | 0.76% |
| Citicorp Nominees Pty Limited <Colonial First State Inv A/C> | 4,731,906 | 0.74% |
| HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> | 3,676,135 | 0.58% |
| Creat Resources Holdings Limited | 3,660,000 | 0.57% |
| Merrill Lynch (Australia) Nominees Pty Limited | 3,638,305 | 0.57% |
| Clipper Group Limited | 3,113,800 | 0.49% |
| BNP Paribas Nominees Pty Ltd <IB AU Noms Retailclient DRP> | 2,957,231 | 0.46% |
| HSBC Custody Nominees (Australia) Limited <Gsco Customers A/C> | 2,575,486 | 0.40% |
| Citos Super Pty Ltd <Citos Pty Ltd Sf A/C> | 2,315,000 | 0.36% |
| BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> | 1,760,168 | 0.28% |
| Mr Denis Grenville Hinton + Mrs Roslyn Susanna Hinton | 1,500,000 | 0.24% |