(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
19.8¢ |
Change
0.003(1.28%) |
Mkt cap ! $260.7M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.8¢ | 19.0¢ | $86.57K | 446.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10695 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1071042 | 25 |
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