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Lithium Rush Heats Up With SQM's $1 Billion Azure Buy

(Bloomberg) -- Lithium mining giant SQM has won over Perth-based Azure Minerals Ltd. with a sweetened A$1.6 billion ($1 billion) cash offer, the latest deal as large battery-metal producers race to secure supply in Australia, home to some of the world’s richest deposits.Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Tech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapIsrael Latest: US Strikes Two Iran-Linked Facilities in Syr...
Western Australia New South Wales Gina Rinehart Bloomberg Businessweek Georgina Mckay James Attwood
Source: yahoo.com

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Hedge Fund Hunts for Next Australia Lithium Winner on Deal Craze

(Bloomberg) -- A veteran Australian hedge fund manager is scoping out shares of potential takeover targets in the domestic lithium sector, betting that the recent flurry of deals will boost valuations.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapChina Ousts Defense Minister, Ending Mystery Over Hi...
New South Wales Western Australia Gina Rinehart Hancock Phil King Bloomberg Businessweek Australia Essential Metals Ltd
Source: yahoo.com

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