Bloomberg reported that the world’s largest lithium products producer, Rockwood Holdings Inc., is considering the sale of a ceramic materials unit CeramTec, which gives the company an annual revenue of $550 million.
Bloomberg reported Chengdu Tianqi Industry Group Co. will make an offer for Talison Lithium Ltd. (TSX:TLH) to exceed Rockwood Holdings Inc.'s (NYSE:ROC) bid.
Talison Lithium Limited (TSX:TLH) announced Rockwood Holdings, Inc. (NYSE:ROC) will acquire 100% of the ordinary shares.
Rockwood Holdings Inc. (NYSE:ROC) announced that it has agreed to purchase Talison Lithium Ltd. (TSX:TLH) for about C$724 million using existing cash and new debt financing.
Chile, the world's largest lithium producer, is inviting private companies to bid on a contract to mine 100,000 tonnes of lithium. Lithium Investing News spoke with economist Daniela Desormeaux on the implications of the tender.
Mining Weekly reported that Iggy Tan, Managing Director of Galaxy Resources Ltd. (ASX:GXY), sees Rockwood Holdings Inc.'s announcement that it will raise lithium salt prices by $1,000/t as positive.
Rockwood Holdings' Inc. (NYSE:ROC) reports price hike of up to 20% for its lithium salts, including lithium carbonate, lithium hydroxide, lithium chloride, and ithium metal battery grade, from July 1.
Get our independent commentary on energy trends and companies delivered to your inbox.
