Australian miners Galaxy Resources, General Mining in $155m merger deal, hope to boost lithium sales

Australian miners Galaxy Resources, General Mining  in $155m merger deal, hope to boost lithium sales

Galaxy Resources and General Mining on Monday agreed to a A$216 million ($155 million) merger to consolidate their lithium mines in Australia, Canada and Argentina, with prices for the metal soaring on growing demand for electric vehicles.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter