IM Lithium News in Brief 11 – 17 November
Published: Tuesday, 17 November 2015
Galaxy Resources restructures debt; Orocobre signs MoU with Bateman Advanced Technologies; Neometals and Mineral Resources commence DFS on ELi process.
Australia-listed Galaxy Resources
Ltd has executed a term sheet with OCP Asia to provide
Australian dollar (A$) 31m ($22.1m*) in a secured facility for
repaying the balance of outstanding convertible bonds.
Galaxy’s residual debt profile is now termed
out to three years, the company said, adding that this signing