MELBOURNE : Top Allkem Ltd shareholder Toyota is 'quite positive' about a $10.6 billion tie-up plan with U.S.-based lithium chemicals maker Livent Corp, Allkem's CEO said on Thursday as shares in his Australian-listed company surged. Allkem Ltd and Livent said on Wednesday they would combine in an all-sto
MELBOURNE : Top Allkem Ltd shareholder Toyota is"quite positive" about a $10.6 billion tie-up plan with U.S.-based lithium chemicals maker Livent Corp, Allkem's CEO said on Thursday as shares in his Australian-listed company surged.
Toyota Tsusho Corp, the Japanese automaker's trading arm, holds 6.16 per cent of Allkem's shares. Toyota did not immediately respond to a request for comment.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toyota posts 35% surge in Q4 operating profitTOKYO : Toyota Motor Corp on Wednesday posted a 35 per cent jump in fourth-quarter operating profit to 626.9 billion yen ($4.64 billion), with results boosted by the yen's weakness and efforts to improve its profit structure. ($1=135.0500 yen)
Read more »
Toyota sees 10% rise in annual profit after bumper Q4; shares jumpTOKYO : Toyota Motor Corp on Wednesday forecast a 10 per cent rise in annual operating income after its latest quarterly profit surged 35 per cent, as the world's largest automaker expects higher sales in major markets amid an easing of global chip supply woes.'We expect an increase in sales volume in all
Read more »
Toyota shareholders submit proposal on climate disclosure, in test for new CEOTOKYO : A trio of European asset managers has submitted a shareholder proposal urging Toyota Motor Corp to improve disclosure of its lobbying on climate change, likely the first time such a resolution will go before the Japanese automaker's investors.The move by the three funds, which collectively hold sh
Read more »
Top militants among 12 killed in Israeli strikes on GazaGAZA CITY: Israel launched pre-dawn airstrikes on Tuesday (May 9) against the militant group Islamic Jihad in Gaza, its army said, killing 12 people according to the health ministry in the Hamas-controlled Palestinian territory. The ministry said that women and children were among the dead, but did not giv
Read more »
Lionel Messi and Shelly-Ann Fraser-Pryce win top Laureus awardsPARIS — Argentina's World Cup winning captain Lionel Messi was named the Laureus Sportsman of the Year, while sprint champion Shelly-Ann Fraser-Pryce bagged the top women's honour at the awards ceremony on Monday (May 8). Messi also received an award on behalf of the Argentina men's football team, who were named World Team of the Year after their triumph at...
Read more »
China says to expel Canada's top diplomat in ShanghaiSHANGHAI: China said on Tuesday (May 9) it was expelling Canada's consul in Shanghai in a tit-for-tat move after Ottawa said it was sending home a Chinese diplomat
Read more »