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Allkem’s trip from HotCopper tiddler to $16b lithium major

How the ASX-listed miner got to its place as a global player is a lesson in persistence, riding cycles and clinging on through tough times.

Allkem’s $US10.6 billion ($16 billion) merger caps a remarkable rise from a copper/gold exploration IPO to global lithium market player, and should inspire the next batch of ASX-listed microcaps and mining punters.

The ASX is littered with hundreds of small resources stocks sitting on a tenement or two, a drilling program and big dreams of becoming the next big thing in global metals and mining.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/allkem-s-trip-from-hotcopper-tiddler-to-16b-lithium-major-20230515-p5d8kv