LTR 0.60% 82.5¢ liontown resources limited

News: LTR Billionaire Rinehart's Hancock Prospecting buys Liontown Resources shares

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    Sept 11 (Reuters) - Australian billionaire Gina Rinehart's Hancock Prospecting said on Monday it has picked up a stake in lithium miner Liontown Resources (LTR) , which recently accepted a A$6.61 billion ($4.25 billion) buyout bid from Albemarle ALB.N .

    Hancock has become a "substantial shareholder" of 7.72% of the ordinary shares in Liontown, Hancock said.

    ($1 = 1.5552 Australian dollars)

 
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