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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By David Winning SYDNEY--Lithium miner Liontown Resources said Albemarle has raised its takeover offer and signaled its directors intend to recommend...
Deal would be one of the largest in the lithium-mining industry
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...
Albemarle, started as a paper mill in 1887, is key to making electric cars and smartphones
The mining company submitted a proposal to acquire start-up Australian miner Liontown, which turned it down. Two earlier bids were rejected as well.