Lithium miners Orocobre and Galaxy Resources merged this week in a A$ 4 billion (US$ 3.1 billion) offer to develop the globe's fifth-largest global lithium chemicals company.
The offer was highlighted by Mining Audiences Supervisor Michael McCrae on Kitco Roundtable videotaped with Kitco correspondent Paul Harris, editor Neils Christensen as well as special visitor Stephen Twyerould, CEO of Excelsior Mining The program was recorded on Friday.
In January Pilbara Minerals settled its acquisition of Altura lithium. Bargain was valued at $201 million.
Last month deep sea miner DeepGreen Metals went public with a special objective purchase company, which valued the brand-new entity at $2.9 billion. DeepGreen, just recently renamed The Metals Business, is targeting steels in the EV area like nickel, copper, cobalt and lithium.
00:39 Excelsior Mining.
1:58 What's evaluating on gold
10:50 Copper supply and also demand
23:22 The Metals Business and also deep sea mining
33:57 Orocobre and Galaxy Resources merging
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