Orocobre, Galaxy to Merge Creating $3.1 Billion Lithium Chemical Giant

Australian lithium miners Galaxy Resources and Orocobre have announced to merge in a A$4 billion ($3.1 billion) deal that would create the world’s fifth largest producer of lithium chemicals, the refined form of the raw material used to make electric vehicle (EV) batteries. “The logic of this merger is compelling,” Orocobre chairman, Robert Hubbard, who … Read more