(Updates with details throughout)
Nov 14 (Reuters) - Australia's Mineral Resources (MIN) said on Tuesday that it has bought additional shares in lithium miner Azure Minerals (AZS) , raising its stake to 13.56% from 12.23% previously.
Mineral Resources is currently on a stake buying spree, with the lithium miner recently acquiring about 19.9% in Wildcat Resources (WC8) to become a substantial shareholder.
Previously, Hancock Prospecting, owned by Gina Rinehart, Australia's richest person, accumulated an 18.3% stake in Azure, which threatened to topple a A$1.63 billion buyout deal by Chile's SQM SQMA.SN for the company.
SQM, Azure Minerals, and Mineral Resources did not immediately respond to a Reuters request for a comment.
News: WC8 UPDATE 1-Australia's Mineral Resources ups stake in Azure Minerals to 13.56%
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $240.5M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $515.6K | 2.844M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 368983 | 18.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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