Gina Rinehart's Hancock became a substantial shareholder earlier in September and now owns 10.7%
Hancock Prospecting, owned by Australia’s richest person Gina Rinehart, said on Tuesday it could help Liontown Resources build its lithium mine, after raising its stake in the developer that has accepted a buyout bid from Albemarle.
Liontown controls two major lithium deposits in Western Australia, including its flagship Kathleen Valley project, which is among the world’s largest and highest-grade hard rock lithium deposits, slated to start production in mid-2024. “Hancock can provide Liontown with the opportunity to manage its project execution and operational ramp-up risks where it is of value – and particularly in light of the inflationary market pressures that are creating challenges for project delivery across Australia,” it said in a statement to Reuters on Tuesday.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Wales qualifies for Rugby World Cup quarterfinals by crushing Australia 40-6Wales has become the first Rugby World Cup team to qualify for the quarterfinals while virtually shutting the door on Australia’s hopes.
Consulte Mais informação »
Fossil of a 'Giant' Trapdoor Spider Found in Australia, And Just Look at It!Even millions of years ago, Australia was a paradise for spiders.
Consulte Mais informação »
Jones says he's still Australia's long-term saviour amid Rugby World Cup woesFollowing Australia’s worst Rugby World Cup defeat that has pushed it to the verge of its earliest Rugby World Cup exit, coach Eddie Jones insists he’s still the man to turn the Wallabies around.
Consulte Mais informação »
Jones says committed to Australia job after Wales debacleEddie Jones said he remained 100% committed to the task of turning Australian rugby around after his young side were thrashed by Wales to move to the brink of elimination from the World Cup in the pool stage.
Consulte Mais informação »
Polls show Australia Indigenous referendum support slipping, likely to failSupport for a referendum to constitutionally recognise Australia's Indigenous people slipped further, with the landmark proposal set to fail in a national vote roughly three weeks away, two opinion polls showed on Monday.
Consulte Mais informação »