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Aug 05, 2014

signumBOX At the Moment, issue 108 - July 1st-July15th, 2014

The most relevant new during the first two weeks of July was the transaction between Albemarle and Rockwood on which Albemarle agreed to pay US$ 6.2 billion in cash and stock for Rockwood Holdings. Once the transaction is closed, Albemarle shareholders would own approximately 70% of the combined company and Rockwood shareholders would own 30%.

 

This deal confirms that the lithium industry continues to moving forward a higher concentration, after the Chinese group Tianqi bought Talison Lithium and sold a stake to Rockwood Lithium.

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