I've just randomly stumbled upon a new article today which seems very interesting
Source: https://www.mining.com/web/coal-india-to-bid-for-3-mines-in-critical-minerals-auctions-this-month/
"In preliminary talks about operating them" is what caught my attention.
I then came across another article from 6 days ago after some further digging:
Source: https://au.finance.yahoo.com/news/coal-india-add-mines-expand-074801977.html?guccounter=1
Coal India is a 2.75T MC company, and i remember last year Gina signed an MoU something to do with supplying India with lithium
Here's the AFR article about Gina supplying lithium to India in 2023: https://www.copyright link/companies/mining/rinehart-inks-deal-to-supply-india-with-lithium-20230615-p5dgr1
"The deal was struck amid speculation India would join forces with Hancock, and potentially others in lithium ventures in WA"
Could we potentially see Gina form a JV with Coal India as owner operator of LTR?
Gina Rinehart + Coal India JV?
Add LTR (ASX) to my watchlist
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Last
$1.23 |
Change
-0.020(1.61%) |
Mkt cap ! $2.970B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.24 | $1.19 | $7.736M | 6.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 43813 | $1.23 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 5420 | 2 |
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| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$1.23 |
Change
-0.020 ( 0.80 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.24 | $1.19 | 1796946 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| LTR (ASX) Chart |