11
Oct
11:32
Australia’s Hancock ups stake in Liontown to 19.9%
Australian billionaire Gina Rinehart’s Hancock Prospecting said Wednesday it has met its “strategic stake objective” of 19.9% in lithium miner Liontown Resources, Kallanish finds.
The move puts Hancock in a position to potentially block US lithium giant Albemarle’s proposed AUD 6.6 billion ($4.3 billion) bid to acquire Liontown. Rinehart’s firm has been increasing its stake in the miner since early September 2023, when Albemarle was g…
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Anonymous
Very good overview of the weekly steel market.
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