Lithium boss in $347m battery SPAC
Former Galaxy Resources chief executive Simon Hay is the latest Australian mining executive to pursue a special purpose acquisition company (SPAC) in the United States.
Mr Hay will be chairman of Battery Future Acquisition Corporation, which will seek to raise $US250 million ($346.9 million) through an initial public offering on the New York Stock Exchange with a view to buying assets linked to the rise of electric vehicles.
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