16
Oct
11:17
Albemarle drops $4.2 billion Liontown takeover bid
US lithium giant Albemarle has abandoned its AUD 6.6 billion ($4.2 billion) deal to acquire Liontown Resources, days after Australian billionaire Gina Rinehart’s Hancock Prospecting increased its Liontown stake to 19.9%.
The US miner said Sunday it has withdrawn its non-binding offer to Liontown’s board, citing “growing complexities associated with the proposed transaction,” Kallanish learns from a company statement. However, the firm did n…
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Anonymous
Very good overview of the weekly steel market.
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