Australian billionaire Gina Rinehart has increased her stake in Liontown Resources, a lithium company, to 19.9%. This move highlights how iron ore billionaires are turning their attention to lithium for future growth. Another billionaire, Paolo Rocca, is also planning to enter the lithium business through his oil drilling unit. In addition, Codelco, the world's largest copper producer, is nearing a deal to acquire Lithium Power International, potentially valuing the company at $202 million. Automaker Stellantis and miner Rio Tinto are investing in a large copper deposit in Argentina as the demand for battery metals rises. Chile is seeking Japanese investors to secure long-term access to its lithium and help develop a processing and manufacturing industry. Albemarle, a major lithium company, has been granted an extension to complete its due diligence of Liontown after proposing a $4.2 billion takeover. The mining industry is seeing increased M&A activity as companies seek partners for their copper assets.
Chile woos Japanese investors for long-term lithium access https://t.co/L6NWvIzOQz https://t.co/WLWXjimplZ
Chile says Japanese companies are interested in securing long-term access to its lithium in exchange for helping build a processing and manufacturing industry https://t.co/HDndI8W7MH
Chile says Japanese companies are interested in securing long-term access to its lithium in exchange for helping build a processing and manufacturing industry https://t.co/jCwEkd4GhA
Chile says Japanese companies are interested in securing long-term access to its lithium in exchange for helping build a processing and manufacturing industry https://t.co/I0k0JITxkp
Lithium giant Albemarle was granted a short extension to wrap up its due diligence of Liontown, after proposing a $4.2 billion takeover of the Australian company https://t.co/k5KNBnhlfo
Exclusive: Miners seek partners for copper assets as M&A heats up https://t.co/OI92kmX417 https://t.co/KJ7VHDX66F
Exclusive: Miners seek partners for copper assets as M&A heats up https://t.co/h3tFvo3qzD https://t.co/oEzBisZU3P
Automaker Stellantis and miner Rio Tinto are boosting investments in a giant Argentina copper deposit as the race for battery metals accelerates https://t.co/D93Xdf8vc4
Automaker Stellantis and miner Rio Tinto are boosting investments in a giant Argentina copper deposit as the race for battery metals accelerates https://t.co/Hhi8T7yWaa
Automaker Stellantis and miner Rio Tinto are boosting investments in a giant Argentina copper deposit as the race for battery metals accelerates https://t.co/LNTgSIzLmT
Australian billionaire Gina Rinehart accumulates 19.9% stake in Albemarle target Liontown https://t.co/2UBNcvEvfd
Codelco, the world’s biggest copper producer, is nearing a deal to acquire Lithium Power International that could value the Sydney-listed firm at nearly $202 million https://t.co/kSykjWrbDu
Australia’s richest woman Gina Rinehart has stepped up her buying spree in Liontown Resources to accumulate a total stake of 19.9% https://t.co/uDG5UJQaLE
⚠️ AUSTRALIAN BILLIONAIRE GINA RINEHART ACCUMULATES 19.9% STAKE IN ALBEMARLE TARGET LIONTOWN Full Story → https://t.co/rFGQ3AjbtE https://t.co/yy6CXGezIS
Billionaire Paolo Rocca’s oil drilling unit plans to enter the lithium business one way or another https://t.co/1l9ok2G5Mb
Gina Rinehart's growing stake in Liontown Resources highlights how iron ore billionaires are increasingly looking to lithium for future growth, writes @annieLee23 https://t.co/dsWtrLMx6u