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Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company

  • Green Car Congress faviconGreen Car Congress

    By mmillikinApr 24, 2021, 4:30 am359 pts
    photo of Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company imageOrocobre Limited and Galaxy Resources have entered into a binding Merger Implementation Deed (MID) under which Orocobre will acquire 100% of the shares in Galaxy. The resulting company will have a A$4-billion (US$3.1-billion) market capitalization, making it the fifth-largest by capitalization. The merged…
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