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Allkem Limited, known as Orocobre Limited until 30 November 2021, [1] is an Australian mining company. Allkem's portfolio includes lithium brine operations in Argentina, a hard-rock lithium operation in Australia and a lithium hydroxide conversion facility in Japan.
Lithium producers Orocobre and Galaxy Resources have completed their merger, creating Allkem, the fifth largest lithium producer globally. Explore S&P Global. Search. EN. 中文网站 한국어 Português Español Support. Get Support Commodity Insights LIVE ...
Orocobre will offer 0.569 of its shares for every Galaxy share and will own 54.2% of the merged company, with Galaxy holding 45.8%. Orocobre was advised on the deal by UBS, while Galaxy's ...
Orocobre Limited (ORE) is a dynamic global lithium carbonate supplier and an established producer of boron. The key assets of Orocobre are a 66.5% interest in Olaroz, a 25% interest in the Cauchari Lithium Project Joint Venture together with a 33.3% shareholding in Advantage, a 75% economic interest in the Naraha Lithium Hydroxide Plant and 100 ...
BRISBANE, Australia, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Orocobre Limited (ASX: ORE, TSX: ORL) ("Orocobre" or "the Company") is pleased to advise that the scheme of arrangement (Scheme) in ...
Orocobre and Galaxy announce a binding agreement to combine their lithium assets and create a global top 5 lithium chemicals company. The merger will deliver diversification, growth and value creation opportunities for shareholders of both companies.
Galaxy Resources and Orocobre have completed their merger and will rebrand as Allkem, setting the stage for the creation of one of the world's largest lithium companies. Orocobre announced that all approvals have been granted to complete the merger, which consolidates the two companies' lithium portfolios, including assets in Argentina ...
Orocobre shares jumped 5.6 per cent to $6.55 on the news, while Galaxy Resources pushed up 6.1 per cent to $3.83. Galaxy chief executive Simon Hay said merging with Orocobre presented an ...
Australian lithium miner Orocobre Ltd (ORE.AX) is buying smaller domestic peer Galaxy Resources (GXY.AX) for $1.4 billion to create the world's fifth most valuable producer of the key raw material ...
Orocobre Limited (ASX: ORE, TSX: ORL) announces the implementation of the scheme of arrangement to merge with Galaxy Resources (Galaxy), a lithium producer. The merger creates a new company with world-class assets and growth potential in the lithium industry.