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Lithium producer launches big raising

Underwritten offer will fund Olaroz expansion

Kristie Batten
Lithium product in Orocobre's warehouse

Lithium product in Orocobre's warehouse

The raising comprises a $126 million placement at $2.52 per share, a 13% discount to Orocobre's Thursday closing price. The company will issue 50 million shares, representing 18.1% of its shares on...

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