Despite the recent asset scramble in the Pilbara, the CEO of Arcadium Lithium said his company will steer clear of the fight until the dust settles on current valuations, according to reports.
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Mineral Resources (MinRes) has snapped up a 19.8 per cent stake in up-and-coming lithium player Wildcat Resources amid a lithium land-grab frenzy spearheaded by Gina Rinehart’s Hancock Prospecting, the Australian Financial Reviewreported.
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Hancock Prospecting has recorded a strong end of financial year profit of $5 billion off the back of a supposed push by Rinehart to acquire more lithium assets.
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Wabtec Corporation and Hancock Prospecting subsidiary Roy Hill have celebrated the debut of the FLXdrive battery locomotive at a ceremony held at Wabtec’s design and development centre in Pennsylvania, US.
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The Australian lithium landscape has experienced a surge of activity in the latter half of 2024, as miners snap up new stakes and make significant takeover bids.
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Ahead of Albemarle’s $6.6 billion takeover of Liontown Resources, Gina Rinehart’s Hancock Prospecting has increased its strategic stake in Liontown to 16.7 per cent.
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Gina Rinehart’s Hancock Prospecting has increased its strategic stake in Liontown Resources to 12.4 per cent ahead of Albemarle’s $6.6 billion takeover.
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Gina Rinehart’s Hancock Prospecting has become a substantial shareholder in Liontown Resources, snapping up 7.72 per cent of ordinary shares.
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Steelmaking company POSCO has teamed up with Roy Hill to fund a community gathering and performance space as part of the next stage of the Korean War memorial project in WA.
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