Lithium Producers Livent and Allkem Ink US$10.6 Billion Mega Merger Deal (investingnews.com)
.......The company has also been advancing plans to develop the Sal de Vida lithium brine and potash project in the South American country. It also owns the Mount Cattlin mine in Western Australia, which is currently producing spodumene and tantalum concentrate, as well as the James Bay lithium pegmatite project in Canada.
Merger and acquisition activity has been picking up pace in the lithium sector this year. Earlier in 2023, top lithium producer Albemarle (NYSE:ALB) made a US$3.7 billion takeover offer for Australia’s Liontown Resources (ASX:LTR,OTC Pink:LINRF), which was rejected. Another Australian company, Essential Metals (ASX:ESS,OTC PinkIONF), declined a bid from the joint venture formed by leading producers Tianqi Lithium (OTC Pink:TQLCF,SZSE:002466) and IGO (ASX:IGO,OTC Pink:IPGDF)....
Lithium Producers Livent and Allkem Ink US$10.6 Billion Mega...
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