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Allkem Limited Achieves First Production at Olaroz Stage 2 Lithium Facility — ASX:AKE| ASX Mining News & Discussion
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Lykeshares Official
$AKE Allkem Limited Achieves First Production at Olaroz Stage 2 Lithium Facility
Allkem Limited (ASX|TSX: AKE), a leading lithium producer, is pleased to announce that Stage 2 of the Olaroz Lithium Facility has achieved first production. Wet lithium carbonate cake has been produced at the filter presses, marking a significant milestone for the company.

Key Points:

The Olaroz Stage 2 development has a nameplate capacity of 25,000 tonnes per year of technical grade lithium carbonate.

The Olaroz Lithium Facility is managed by Sales de Jujuy SA, a joint venture between Allkem, Toyota Tsusho Corporation (“TTC”), and JEMSE.

With the first production achieved and mechanical completion at 99.5% completion, the company will focus on completing the commissioning process.

The commissioning process will involve progressively increasing production volumes and product quality over a 12-18 month ramp up period.

Upon completion, the combined Olaroz Stage 1 and Stage 2 infrastructure will have a nameplate capacity of approximately 42,500 tonnes per year of lithium carbonate.
The Olaroz Stage 2 project involved the construction ...
Allkem Limited Achieves First Production at Olaroz Stage 2 Lithium Facility

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Lykeshares Official
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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