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06 Oct
12:22

Hancock becomes Liontown’s largest shareholder with 16.7% stake

Australian billionaire Gina Rinehart’s Hancock Prospecting said Friday the company has increased its stake in Australia-listed lithium developer Liontown Resources to 16.7%, becoming its largest shareholder.  The company acquired the shares by paying up to AUD 3 ($1.94) per share, Kallanish learns from a statement. The announcement comes just days after Hancock increased its stake in the company to 12.4%. The firm has been increasing its stake in Lionto…
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