https://www.miningweekly.com
Financial|Resources
Financial|Resources
financial|resources

Liontown not facing any new bids

2nd May 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Lithium developer Liontown Resources on Tuesday refuted claims that it had received a further takeover proposal after rebuffing a A$2.50-a-share offer from North American major Albemarle Corporation.

The Australian Financial Review reported that Liontown had reportedly fielded a fresh takeover proposal in recent weeks as a rival bid to Albemarle’s offer, with the article tipping Wesfarmers, South32, Fortescue Metals, Chilean major SQM and the joint venture between IGO and Tianqi as logical contenders.

However, Liontown on Tuesday told shareholders that the company had not received any further takeover proposals, including any non-binding indicative proposals, since its rejection of the Albemarle proposal at the end of March.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.231 0.269s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: