Allkem Ltd
ASX:AKE
Allkem Ltd
Revenue
Allkem Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
A
|
Allkem Ltd
ASX:AKE
|
Revenue
$1.2B
|
CAGR 3-Years
150%
|
CAGR 5-Years
134%
|
CAGR 10-Years
N/A
|
|
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BHP Group Ltd
ASX:BHP
|
Revenue
$53.6B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
3%
|
CAGR 10-Years
1%
|
|
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South32 Ltd
ASX:S32
|
Revenue
$5.5B
|
CAGR 3-Years
-6%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
N/A
|
|
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MMG Ltd
HKEX:1208
|
Revenue
$4.5B
|
CAGR 3-Years
2%
|
CAGR 5-Years
8%
|
CAGR 10-Years
6%
|
|
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Rio Tinto Ltd
ASX:RIO
|
Revenue
$53.7B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
4%
|
CAGR 10-Years
N/A
|
|
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Pilbara Minerals Ltd
ASX:PLS
|
Revenue
AU$922.6m
|
CAGR 3-Years
31%
|
CAGR 5-Years
69%
|
CAGR 10-Years
N/A
|
Allkem Ltd
Glance View
Allkem Ltd., a name that resonates within the lithium sector, is a company born out of a strategic fusion and a vision to supply the world's growing demand for this transformative metal. Established from a merger of Orocobre Limited and Galaxy Resources in 2021, Allkem crafts its identity around the production of lithium chemicals, which are essential to powering the world's shift towards clean energy and electrification. In essence, the company's operations revolve around mining, extraction, and refining processes. Its portfolio, though concentrated, is geographically diverse, with operational footprints spanning from the brine-rich flats of Argentina to the mineral-rich grounds of Western Australia and Canada. The company's revenue streams primarily flow from the sale of lithium carbonate and lithium hydroxide, key components for lithium-ion batteries used in electric vehicles and consumer electronics. Allkem leverages its geographically varied operations to meet global demand. For instance, its flagship project, the Salar de Olaroz in Argentina, is a marvel of efficient brine extraction technology, producing lithium carbonate that's highly coveted in the global market. Meanwhile, the Mt Cattlin operation in Australia focuses on high-purity spodumene concentrate, represented forwardly in their financial statements as they expand their influence in an electrified world. By anchoring its business model in both strategic resource deployment and responding to a surge in battery-powered innovation, Allkem stands as a pivotal player in the evolving landscape of sustainable energy solutions.
See Also
What is Allkem Ltd's Revenue?
Revenue
1.2B
USD
Based on the financial report for Jun 30, 2023, Allkem Ltd's Revenue amounts to 1.2B USD.
What is Allkem Ltd's Revenue growth rate?
Revenue CAGR 5Y
134%
Over the last year, the Revenue growth was 62%. The average annual Revenue growth rates for Allkem Ltd have been 150% over the past three years , 134% over the past five years .