Australian billionaire Gina Rinehart raises stake in lithium producer, threatening $4.3 billion Albemarle’s takeover
Gina Rinehart, an Australian billionaire, has acquired 19.9% of Liontown Resources, a lithium miner, which may obstruct Albemarle's plan to buy the company for $4.3 billion. Since Albemarle Corp made a proposition for Liontown Resources in September, her company Hancock Prospecting, has been incrementally increasing their stake. Gina Rinehart would...