5 High-Growth Lithium Stocks to Buy

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1. Allkem Limited (AKE.TO)

YoY Growth in Revenue for the Most Recent Reported Quarter: 1,168%

Allkem Limited (AKE.TO) is a Buenos Aires, Argentina-based specialty lithium chemicals company with a hard-rock lithium operation in Australia, a lithium hydroxide conversion facility in Japan, and lithium brine operations in Argentina.

The company manufactures and exports a range of chemical products, including lithium-based chemicals. Allkem Limited (AKE.TO) has a mature and stable mining operation in Mt. Cattlin in Western Australia that produces Spodumene concentrate. The site became operational in late 2016 and was responsible for 194,000 tons per annum of production during FY22.

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