Source: AFR
Interesting development in the MinRes and Albermarle megadeal....Good news for WA lithium suppliers one could suggest.MinRes pulls plug on lithium megadeal
Chris Ellison’s Mineral Resources has pulled out of a billion-dollar deal that would have seen it acquire a stake in lithium hydroxide plants in China owned by its partner, battery chemicals giant Albemarle.
MinRes is also selling its stake in Albemarle’s Kemerton lithium hydroxide in Western Australia’s south-west as Mr Ellison moves to try to fund and build his own downstream processing plant.
Cheers,
Rooey
Good News & Bad News, page-30946
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