Gina Rinehart one of WA billionaires in race for lithium, known as white gold
Western Australia’s mining billionaires are scrambling for the state’s new gold rush: lithium.
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Western Australia’s mining billionaires are scrambling for the state’s new gold rush: lithium.
(Bloomberg) -- A veteran Australian hedge fund manager is scoping out shares of potential takeover targets in the domestic lithium sector, betting that the recent flurry of deals will boost valuations.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapChina Ousts Defense Minister, Ending Mystery Over His Statu
Parker Country Retired School Personnel held a “C.O.L.A. Happening” in the offices of Judge Fite, Century 21 last week.
Marcus Hughes followed Alan Joyce’s lead. He shorted the stock, betting the value of Qantas shares would fall. “Whenever an insider sells, we’ll look at shorting a company.” It worked.
This article was originally published at ProPublica, a Pulitzer Prize-winning investigative newsroom. Eva Bonilla grows furious when she thinks about how Latino…