Billionaire Gina Rinehart Buys 19% In Another Australian Lithium Producer

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Mining billionaire Gina Rinehart has amassed a 19% stake in Australian lithium producer Azure Minerals, building a large interest in a second lithium player in Australia in a few weeks and potentially derailing another acquisition in the sector.   Azure Minerals Limited said in a notice on Friday that Rinehart, Hancock Prospecting Pty Ltd (HPPL), and subsidiaries of HPPL have acquired shares in the lithium company giving the mining billionaire 18.3% of the voting power. The notice from Azure Minerals came shortly after the company announced…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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