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.
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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.
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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.
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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.
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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.
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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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