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Liontown Resources Says Albemarle Raises Takeover Offer to A$3 00/Share Cash

By David Winning SYDNEY Lithium miner Liontown Resources said Albemarle has raised its takeover offer and signaled its directors intend to recommend.

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Albemarle Raises Bid for Australia s Liontown Resources to $4 25 Billion

Deal would be one of the largest in the lithium-mining industry

New south walesRodrigo abd associatedAtacama desertLiontown resourcesMetal ore miningPrimary metalsNon ferrous metalsComputers consumer electronicsBasic materials resourcesConsumer electronicsLithium miningMining quarryingNon ferrous metal ore miningAsia pacificAustralia oceaniaNorth america

Albemarle Raises Bid for Australia s Liontown Resources to $4 25 Billion -- Commodities Roundup

MARKET MOVEMENTS: Brent crude oil is flat at $88.51 a barrel European benchmark gas is 2.6% lower at EUR34.70 a megawatt hour Gold futures are flat.

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A Onetime Paper Maker Is Now the King of Lithium

Albemarle, started as a paper mill in 1887, is key to making electric cars and smartphones

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Things Get Hostile In Lithium Albemarle Sends Liontown Stock Soaring

The mining company submitted a proposal to acquire start-up Australian miner Liontown, which turned it down. Two earlier bids were rejected as well.

New south walesLiontown resourcesMetal ore miningPrimary metalsFerrous metalsNon ferrous metalsMotor vehiclesAlternative fuel vehiclesReal estate services transactionsBasic materials resourcesReal estate constructionLithium miningMining quarryingNon ferrous metal ore miningReal estateFinancial performance

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