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)
Interesting development on ltr (Liontown)
i only have a small nimber of shares since april, but anyhow this will get interesting…
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