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Why are Allkem shares racing higher again on Friday?

Why are Allkem shares racing higher again on Friday?
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James Bay , Canada General , Council Of The Crees Eeyou Istchee , Allkem Ltd , Livent Corp , Wall Street , Kapisikama Agreement , James Bay Lithium , Benefit Agreement , Grand Council , Eeyou Istchee , Cree Nation Government , Cree Nation , Sal De Vida Project , Managing Director , Martin Perez De Solay , Sal De Vida ,

Impact Benefit Agreement signed for the James Bay Lithium Project

BRISBANE, Australia, Dec. 14, 2023 (GLOBE NEWSWIRE) Allkem Limited (ASX|TSX: AKE, “Allkem” or the “Company”) is pleased to announce that it has signed the Kapisikama Agreement, an Impact and Benefit Agreement (“IBA”) with the Grand Council of the Crees (Eeyou Istchee), the Cree Nation Government and the Cree Nation of Eastmain regarding the development and operation of the James Bay Lithium Project (“James Bay Lithium Project” or “the Project”). The James Bay Lithium Project is located in nor ....

Eastmain River , James Bay , Canada General , Richard Shecapio , Brian Weapenicappo , Raymond Shanoush , Brandon Moses , Mandy Gull Masty , Eeyou Istchee , Cree Regional Trappers Association , Council Board , Allkem Limited , Company Or Allkem , Council Of The Crees Eeyou Istchee , Galaxy Resources Ltd , Cree Regional Authority , Wabannutao Eeyou Development Corporation , Australian Securities Exchange , Council Of The Cree Nation Government , Kapisikama Agreement , Benefit Agreement , Grand Council , Cree Nation Government , Cree Nation , James Bay Lithium Project , Cree Nation Mining Policy ,