Allkem Limited (OROCF) Q1 2024 Earnings Call Transcript

Allkem Limited (OTCPK:OROCF) Q1 2024 Earnings Conference Call October 25, 2023 7:00 PM ET

Company Participants

Martin Perez de Solay – Managing Director and CEO

Christian Cortes – Acting CFO

James Connolly – Chief Project Development Officer

Liam Franklyn – Head of Mt Cattlin Operations

Christian Barbier – Chief Sales and Marketing Officer

Andrew Barber – Director of Investor Relations

Conference Call Participants

Rahul Anand – Morgan Stanley

Austin Yun – Macquarie Capital

Kaan Peker – RBC

Alex Papaioanou – Citi

Mitch Ryan – Jefferies

Reg Spencer – Canaccord

Robert Stein – CLSA

Lachlan Shaw – UBS

Hugo Nicolaci – Goldman Sachs

Matthew Frydman – MST Financial

Glyn Lawcock – Barrenjoey


Good day and welcome to the Allkem Limited September Quarterly Results Briefing. [Operator Instructions] And finally, I would like to ask all participants that this call is being recorded. Thank you.

I would now like to welcome Martin Perez de Solay to begin the conference. Martin, over to you.

Martin Perez de Solay

Thank you, Gabin. Welcome, everybody, and thank you for joining us for Allkem’s September quarterly results briefing. As usual, I will be providing an update on our business; and Christian Barbier, Chief Sales and Marketing Officer, will be providing us with a market update. Also joining us for the Q&A are James Connolly, our Chief Technical Officer; and Liam Franklin, Head of Mt Cattlin Operations; and Christian Cortes, our CFO.

We’ve delivered yet another very strong quarter, particularly from an operational perspective. Mt Cattlin achieved quarterly record production and record revenue. Olaroz achieved above budget lithium carbonate production, record sales volume. We have also made solid advancements in project execution across the portfolio in line with our growth strategy.

In Argentina, we are proud to have successfully achieved the milestone of first wet production at Olaroz

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