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News: ORE Australia's Orocobre to buy rival Galaxy in $3.1 bln deal

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    19/04/21
    08:45
    Post #: 52554104

    April 19 (Reuters) - Australian lithium miner Orocobre Ltd (ORE) said on Monday it would buy rival Galaxy Resources (GXY) for A$4 billion ($3.09 billion).

    The buyout will create the world's fifth-largest lithium chemicals company, Orocobre said.

    ($1 = 1.2947 Australian dollars)

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