- October 27, 2023
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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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…