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Alien Metals Ltd announces positive results from the Development Study of its Hancock Iron Ore Project, confirming strong project economics and prospectivity in Western Australia. The study reveals key financial highlights and outlines further exploration plans for increased mineral resources.
The billionaire’s children sat in the public gallery as their barrister pored over intimate details of the alleged betrayal that sparked a bitter family feud.
Lithium In Australia: SQM, the world's second-biggest lithium chemicals maker, bought a 19.99% equity stake in Azure for AUSD 20 million in March. The deal helps secure feed for its AUSD 1.9 billion Mount Holland lithium hydroxide project Western Australia that it is building with Australian conglomerate Wesfarmers.
Lithium In Australia: Azure, which owns around 60% stake in the highly prospective Andover lithium project in Western Australia's Pilbara region, previously rejected a buyout bid from SQM that valued the miner at A$ 901.4 million.
After more than two dozen hearings spent poring over 60 years worth of history, the multibillion-dollar showdown between magnate Gina Rinehart, her children and two rival mining dynasties is drawing to a close.