ENERGY MINERALS

Ignore lithium 'spot price noise' over fundamentals: Allkem

THE money presses were working overtime at Allkem during the quarter, as the diversified lithium producer banked an additional US$26 million cash for the March quarter despite spot prices in China plunging by more than 20%.

Sal De Vida could see some schedule slippage

Sal De Vida could see some schedule slippage

The multinational started April with $558 million in the bank thanks to some fat margins averaging 85%, with revenue of $315 million, up 19% on the prior quarter.   Despite the healthy margins, managing...

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