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Iron Ore Billionaire's Lithium Raid Leaves Investors Guessing

(Bloomberg) -- Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6 billion ($4.2 billion) takeover by US giant Albemarle Corp. Most Read from BloombergIsrael Latest: Scores of Civilians, Soldiers Kidnapped by HamasHamas Attack Prompts Blame Around Israeli IntelligenceBiden Says Israel Under Terrorist Attack, Pledges US SupportShock Incursion on Weakened I...
New South Wales Kathleen Valley Western Australia Georgina Mckay Seth Goldstein Andrew Forrest
Source: yahoo.com

Australia's richest woman: Gina Rinehart, Australia's richest woman, muscles in on one of the largest battery-metal deals leaving investors guessing

Gina Rinehart, the richest woman in Australia, has acquired a nearly 17% stake in Liontown Resources, threatening its takeover by Albemarle Corp. Rineharts move is seen as a bet on the surging long-term demand for lithium amid the energy transition. However, Rinehart has not yet revealed her plans for the lithium miner, leaving shareholders with more questions than answers.
Kathleen Valley Western Australia New South Wales Seth Goldstein Carrick Ryan Howard Klein

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