The driving ambition behind a $4b lithium merger
The driving ambition behind a $4b lithium merger Mainstream adoption of electric vehicles was a distant dream when Orocobre and Galaxy floated in 2007. As they ink a $4b merger, has the future finally arrived? Share Putting lithium into the batteries of electric vehicles (EVs) was not the driving ambition when Richard Seville led Orocobre through a $6.25 million float onto the ASX in 2007. Richard Seville at Argentina’s Olaroz lithium project in 2017. “It was all around batteries but not necessarily EVs,” recalled the company’s founding managing director, after this week’s $4 bill...
Source: afr.com
