Capital proceeds received by Galaxy Shareholders
The capital proceeds received by Galaxy shareholders in respect of the recently concluded Scheme of Arrangement with Galaxy Resources is determined to be the closing price of Orocobre Limited shares (ASX:ORE) being A$9.52 per share.Unveiling of our new brand and proposed company name
We are excited to unveil the new brand and proposed company name in this short video, available here:- https://youtu.be/CtRuzyIMzYU Together at Allkem we can connect further with our communities, customers and partners through enhanced sustainability solutions, diversity, product quality and growth opportunities. As a combined team we have the resources to facilitate a global transformation to... View Article
ORE-GXY Merger Call
Click below to listen to the Orocobre and Galaxy Proposed Merger Briefing. https://services.choruscall.com.au/webcast/ubs-210419.html
August 30, 2016
South Korea’s Samsung SDI Co (006400.KS) plans to invest about 400 billion won (273.62 million pounds) to build a plant to make electric vehicle batteries in Hungary, joining the race to build capacity and tap European demand at a time of disappointing Chinese demand. Samsung SDI, whose customers include BMW (BMWG.DE), said on Tuesday that the proposed factory near Budapest would start production in the second half of 2018 and it would be able to produce batteries used for 50,000 pure electric vehicles (EVs) annually.
ARTICLE: Samsung SDI to build $358 million car battery plant in Hungary by 2018
