Galaxy Resources : Australia's Orocobre buys Galaxy to make world's fifth-largest lithium company

(Reuters) - Australia's Orocobre Ltd and Galaxy Resources announced a A$4 billion ($3.1 billion) tie-up on Monday to create the world's fifth largest lithium miner, as demand soars for the key raw material in electric vehicle batteries. Orocobre will aquire peer Galaxy under a scheme of arrangement for A$1.78 billion...