Albemarle’s $4.3 billion Lithium Deal Collapses After Billionaire Gina Rinehart Steps In
Albemarle's $4.3 billion attempt to buy out Liontown Resources LTD was put to an end when Gina Rinehart, Australia's wealthiest citizen, acquired enough stock to prevent the acquisition from taking place. US miner Albemarle abandoned the Liontown deal, citing “growing complexities associated with the proposed transaction”. Albemarle, the world’s largest lithium...