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Allkem issued a letter of intent to NRW for a 36-month mining contract at the Mt Cattlin lithium mine, valued at $332 million. NRW is mobilizing to site with the contract to start in August 2023.
Allkem owns the James Bay mine property in Quebec, which is expected to have a development cost of approximately $386 million and begin production by 2026.
US-based Livent and Australia-based Allkem agreed to a $14.3 billion all-stock merger to create a leading lithium producer with operations in Canada, Argentina and Australia. The combined company will be headquartered in the US.
| Site | Largest | Latest |
|---|---|---|
| Quebec, Canada | $286.0M | 2023-05-11 |