The head of Australia’s largest lithium miner says carmakers are ratcheting up scrutiny of the environmental impact of mining practices across battery supply chains.
The two Australian lithium miners have completed their merger amid soaring demand for the battery raw material.
Orocobre and Galaxy Resources are in talks with shareholders to create the fifth-largest lithium producer in the world.
Waves of investment in battery factories across the world are driving up demand for lithium.
Heavyweight deal will see Orocobre buy Galaxy through a scheme of arrangement to create the world’s fifth-largest lithium chemicals producer.
Alita owns the Bald Hill lithium and tantalum mine in WA's Goldfields region as well as a 15 per cent stake in the nearby Cowan lithium project.
Galaxy Resources has revealed it is weighing several offers from potential partners interested in buying a stake in its flagship Sal de Vida lithium project.