Rinehart buys 18% stake in Azure Minerals to block SQM takeover

Mining News Pro - Australia’s richest woman Gina Rinehart’s Hancock Prospecting said on Friday it had acquired 18% of Azure Minerals in a strategic move aimed at deranging Chilean lithium giant SQM’s A$1.63 billion ($1bn) bid for the junior.

Giant lithium deal collapses after Australian billionaire Rinehart steps in

Mining News Pro - Lithium giant Albemarle Corp. has walked away from its A$6.6 billion ($4.2 billion) takeover of Liontown Resources Ltd., after Australia’s richest woman built up a blocking minority and effectively scuppered one of the largest battery-metals deals to date.

Rinehart’s Hancock Prospecting takes major stake in Liontown

Mining News Pro - Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday markets rumours indicating her company had increase its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted Albemarle’s (NYSE: ALB) $4.3 billion (A$6.6bn) buyout offer.

Rinehart invests in lithium as prices hike

Mining News Pro - Lithium producer Vulcan Energy Resources has secured commitments for $120 million in funding, with Gina Rinehart’s Hancock Prospecting becoming a significant investor in the company.

Rinehart urges government to cut red tape

Mining News Pro - Iron ore mining magnate Gina Rinehart has urged the Australian Government to stop holding back industry growth and to cut green and red tapes to facilitate future investment.

Rinehart, Forrest top 2020 Rich List

Mining News Pro - Pilbara iron ore mining magnates Gina Rinehart and Andrew Forrest have taken the top two spots in The Financial Review Rich List in 2020.

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