Energy & Power

Allkem Limited

Company Profile Analysis

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Allkem Limited - Energy & Power showcase

Year Founded & Workforce

2020-12-31

1,300 Employees

Industry

Energy & Power

Services

A

Allkem Limited Overview

Company Headquarters: Buenos Aires, Argentina

Founded: 2021

Workforce: ~ 1,300

Company Working: Allkem Limited is a provider of lithium chemicals. The company is the result of the merger between Orocobre Limited and Galaxy Resources in the year 2021. The company develops lithium carbonate, lithium hydroxide, spodumene concentrates and borax products including minerals such as hydroboracite, refined products and boracic acid. Its lithium is used in rechargeable batteries, grid energy storage, solar and nuclear power generation, and other industrial applications. The company operates projects in Argentina, Australia, Japan and Canada. It operates offices in Argentina and Australia. Allkem is headquartered in Brisbane, Queensland, Australia. The company focuses on lithium production and exploration in Argentina, where it operates the Olaroz Lithium Facility and the Cauchari Lithium Project. The company is primarily involved in the production of lithium carbonate, a key component used in the production of lithium-ion batteries for electric vehicles and energy storage systems.

Strategy

Allkem places great emphasis on sustainability and responsible mining practices. The company strives to minimize its impact on the environment, conserve water resources and operate in a socially responsible manner. The company is committed to maintaining positive relationships with local communities and implementing robust security measures. The company is focused on meeting the growing demand for lithium power with the accelerating adoption of electric vehicles and renewable energy storage systems. The company focuses on strategic partnerships to support its operations and improve market access.

Company Snapshot

$84.76M

Revenue

1,300

Employees

2020-12-31

Founded

Buenos Aires, Argentina

Headquarters

SWOT Analysis

Strengths

  • Ownership of some of the world’s largest High-Quality Lithium Assets such as Orocobre
  • Strong and wide geographical presence
  • Complementary business segments

Weaknesses

  • High dependence on Olaroz Lithium Facility in Argentina. Dependency on a single operation exposes Orocobre to risks such as operational disruptions, regulatory changes, and geopolitical uncertainties specific to that region
  • Declining market share due to increasing no. of competitors

Opportunities

  • Decreasing cost of fright and transportation
  • New trends in costumer behavior
  • Strategic acquisitions to diversify the company's operations and product offering

Threats

  • High competition between established market players and new entrants
  • The company operates in multiple jurisdictions and is subject to regulatory and political risks.

Key Developments

DateApproachDevelopment
February 2020Contract & AgreementOrocobre Limited (now Allkem Limited) announces that it has entered into a definitive agreement pursuant to which Orocobre will acquire 100% of the issued and outstanding shares of Advantage Lithium Corp. (Advantage) that it does not already own. This transaction will allow Orocobre to continue to develop the Olaroz/Cauchari basin in a cost-effective manner that will optimise extraction of the resource to the benefit of shareholders, local communities, the Provincial and National governments of Argentina, and other stakeholders.

Product Offering

  • Allkem Limited
    • Lithium & Lithium Minerals
    • Lithium & Lithium Minerals

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Allkem Limited as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Allkem Limited

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