LTR 2.16% 90.5¢ liontown resources limited

News: LTR Albemarle aims to close buyout of lithium developer Liontown by mid-2024

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    Sept 5 (Reuters) - Albemarle ALB.N aims to close its buyout of Australian lithium developer Liontown Resources (LTR) by the middle of 2024, its chief executive said on Tuesday.

    Albemarle, the world's largest lithium producer, earlier this week made a revised, non-binding $4.3 billion bid for Liontown. On a Tuesday call with investors, CEO Kent Masters called Liontown's Kathleen Valley lithium deposit one of "few known world-class resources yet to be developed."

 
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