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Lithium buyers eye cheaper early-stage deals

Emerging Australian lithium companies are witnessing a surge in buyouts as their lower valuations and cash needs attract some of the world’s top producers of the battery material and other suitors who are racing to secure supplies. ....

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Lithium buyers eye cheaper early-stage deals in Australia, Auto News, ET Auto

There is already evidence of frenzied deal activity involving pre-producing companies. Develop Global, a base metals explorer backed by diversified miner Mineral Resources, last month proposed to acquire lithium developer Essential Metals for AUSD 152.6 million (USD 97.98 million). Essential Metals aims to ship ore by 2025. ....

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