Billionaire Rinehart's Hancock Prospecting takes major stake in Liontown

Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday market rumours indicating her company had increased its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted Albemarle’s (NYSE: ALB) US$4.3 billion (A$6.6 billion) buyout offer. Hancock...

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