This file photo shows a Galaxy Resources site in Argentina. The merged group, which has yet to be formally named, will have its headquarters in Buenos Aires. Photo: Reuters This file photo shows a Galaxy Resources site in Argentina. The merged group, which has yet to be formally named, will have its headquarters in Buenos Aires. Photo: Reuters
This file photo shows a Galaxy Resources site in Argentina. The merged group, which has yet to be formally named, will have its headquarters in Buenos Aires. Photo: Reuters
Electric cars

Australian miners Orocobre and Galaxy to merge in US$3.1 billion deal, create lithium giant to ride batteries gold rush

  • Merger will create the world’s fifth-biggest producer of lithium chemicals, the refined form of the raw materials that are used to make EV batteries
  • Battery demand is expected to surge tenfold by 2030, according to BloombergNEF

Topic |   Electric cars
This file photo shows a Galaxy Resources site in Argentina. The merged group, which has yet to be formally named, will have its headquarters in Buenos Aires. Photo: Reuters This file photo shows a Galaxy Resources site in Argentina. The merged group, which has yet to be formally named, will have its headquarters in Buenos Aires. Photo: Reuters
This file photo shows a Galaxy Resources site in Argentina. The merged group, which has yet to be formally named, will have its headquarters in Buenos Aires. Photo: Reuters
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