M&A

Hancock tips Kathleen Valley capex to top $1B

GINA Rinehart's Hancock Prospecting has confirmed it has increased its stake in Liontown Resources to 12.4%.

 Early mining underway at Kathleen Valley

Early mining underway at Kathleen Valley

Hancock said it paid no more than A$3 per share - the same price Albemarle is likely to offer to buy the whole of Liontown - to increase its stake from 10.7% previously. Hancock paid as little as $2.92...

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