- Advertisement -
The Orocobre-Galaxy deal, first announced last month, is the mining sector’s biggest tie-ups so far this year. If the transaction proceeds, the new entity will be one of the most geographically diverse lithium companies globally, spanning lithium hard-rock, brine and chemicals assets in Australia, Argentina, Canada and Japan.
Loading
Reg Spencer, the head of Australian mining research with Canaccord Genuity, said the combined company’s earnings may exceed $US500 million by 2025, excluding merger-related savings.
“Our initial view of the proposed merger is positive … delivering significant operating, marketing and financial synergies,” he said.
“We think the enlarged scale of the combined entity could attract significantly higher…
