Orocobre completed the acquisition of Advantage Lithium for $22m.

Orocobre, a mineral resource company, completed the acquisition of Advantage Lithium, a resource company which specializes in the acquisition, exploration, and development of lithium properties, for $22m. “I would like to thank Advantage shareholders for their support of this transaction and welcome them to Orocobre. Whilst current global events present some challenges, the fundamentals of the lithium industry into the future remain strong and Advantage shareholders will now be able to participate in this directly. The completion of this transaction delivers Orocobre an unparalleled land holding and resource position which will be the base for future growth,” Martín Perez, Orocobre Managing Director and CEO.