Allkem Ltd (ASX:AKE) reported that its lithium carbonate sales for the second quarter were 3,430 tonnes. The company generated a group revenue of $334 million in the June quarter, up from $315 million in the previous quarter. Allkem produced 16,703 tonnes of lithium carbonate at its Olaroz lithium facility for the full year. The Olaroz Stage 2 achieved first wet production in mid-July and will continue its commissioning and ramp up over the next 12-18 months. Mt Cattlin, another facility operated by Allkem, achieved an annual production of 130,984 tonnes of spodumene concentrate. The ore reserve update confirms an additional 4-5 year mine life until 2027-2028. Sales for the September quarter are expected to be materially higher from Olaroz Stage 1. The company has received regulatory approval for the mining of the first cutback (Stage 4-1) of the open pit at Mt Cattlin, ensuring continued spodumene production until 2026.