Page 9 - Mt Ida News Today

Ground Breakers: Iron ore squillionaire Gina Rinehart wants to sell our lithium to India STOCKHEAD JUNE 15, 2023 ... | June 15, 2023

Gina Rinehart’s Hancock Magnetite Holdings has inked a lithium earn-in and joint venture (JV) agreement with junior explorers Legacy Iron and Hawthorn Resources over the Mt Bevan project, in Western Australia. Under the agreement, Hancock would make an initial unconditional investment of A$4-million for a 7.5% interest in the project, with A$2.4-million in cash to be paid to Legacy and A$1.6-million to Hawthorn.

Hancock Prospecting and Indian interests appear set to pull the trigger on a project in WA at the same time as Japan’s Idemitsu throws its capital around.

Multi-billion dollar conglomerate becomes major shareholder

ASX-listed Delta Lithium has received a near A$46.4-million capital injection through a strategic share placement with Japanese conglomerate Idemitsu Kosans’ subsidiary Idemitsu Mt Ida. Idemitsu has acquired 65.6-million ordinary shares in Delta at an issue price of 70.75c a share, representing a 7.5% premium to Delta’s ten-day volume weighted average share price.

Delta aiming to ship first lithium by Christmas

St George Mining Ltd (ASX:SGQ) has revealed further intersections of lithium mineralisation, indicating the presence of a potentially valuable pegmatite...

These aerials show FMG has drilled out a Pilbara lithium deposit. This explorer is right next door

ASX lithium share Delta Lithium Ltd (ASX: DLI) may not be a household name, but it appears it is attracting interest from billionaire investors.

Indias NMDC eyes WA lithium partnerships with Hancock Prospecting and others The West Australian MAY 19, 2023 Indias... | May 22, 2023