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July 25, 2023
The Australian Government, led by Treasurer Jim Chalmers, has blocked the acquisition of a majority stake in lithium miner Alita Resources by Austroid...
July 22, 2023
Australia has barred the takeover of financially stricken lithium miner Alita Resources Ltd by a China-linked company after advice from Australia's Foreign Investment Review Board, a spokesperson for Treasurer Jim Chalmers said Friday. Chalmers issued a prohibition order stopping Austroid Corporation from acquiring an additional 90.1% of lithium miner Alita Resources, which would bring its…
July 21, 2023
Australia has barred the takeover of financially stricken lithium miner Alita Resources Ltd by a China-linked company after advice from Australias Foreign Investment Review Board, a spokesperson...
July 21, 2023
Australia has barred the takeover of financially stricken lithium miner Alita Resources Ltd by a China-linked company after advice from Australias Foreign Investment Review Board, a spokesperson for Treasurer Jim Chalmers said on Friday. Chalmers issued a prohibition order stopping Austroid Corporation from acquiring an additional 90.10% of lithium miner Alita Resources, which would bring its stake to 100%. Austroid Australia, the local subsidiary of the U.S. based Austroid, is also barred from ...
March 13, 2023
An Australian mining company with links to China has been subject to a state government inquiry for selling ...