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Rinehart and Ellison plough more funds into Delta

GINA Rinehart’s Hancock Prospecting and the Chris Ellison-led Mineral Resources are ploughing plenty of cash into the boiling Western Australian lithium sector with their latest investments being to cornerstone Delta Lithium’s sizeable capital raising.

Haydn Black
Chirs Ellison and Gina Rinehart

Chirs Ellison and Gina Rinehart

Delta is raising a further A$70 million via an accelerated non-renounceable entitlement offer priced at 46c per share, a 17% discount to recent trading. Mineral Resources has underwritten the offer,...

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