Albemarle Financial News

09.11 / 08:59

Target Remark Albemarle show reports MinRes doubles down as lithium explorer Wildcat raises $100m

Chris Ellison has continued his lithium spending spree, pumping more than $19 million into Wildcat Resources on Thursday as it raised $100 million.

07.11 / 05:57

Manufacturing Strategy pandemic Albemarle electronic song Why lithium’s biggest WA kingmaker is for sale

Global Advanced Metals is up for sale after a maverick run offloading three undeveloped West Australian mines that went on to become world-class lithium assets.

06.11 / 18:09

BLOCK Matthews PayDay Albemarle show reports MinRes fails to stop Wildcat director’s $28.8m lithium windfall

Wildcat Resources shareholders have signed off on a $28.8 million windfall for director Alex Hewlett after he made the connection that ultimately led to Chris Ellison’s Mineral Resources emerging as a major backer.

05.11 / 06:37

Target CEO Strategy awards Albemarle stage Next lithium giant says WA deals far too rich right now

The chief executive-in-waiting of one the world’s biggest lithium players says the valuations awarded to early-stage projects in Western Australia are far too high.

03.11 / 06:19

Target Manufacturing CEO Albemarle Albemarle pulls back on lithium M&A, flags output cuts

Albemarle says it is done with big takeover plays in the West Australian lithium sector after folding its $6.6 billion offer for Liontown Resources last month.

31.10 / 14:07

Target BLOCK Albemarle show performer reports stake play MinRes takes big stake in WA lithium play Wildcat

Billionaire Chris Ellison’s Mineral Resources has snared a 19.8 per cent stake in a new lithium target with links to MinRes chairman James McClements.

30.10 / 16:23

Albemarle reports Lower prices, oversupply to weigh on lithium miners

By Arunima Kumar

30.10 / 08:45

Target Manufacturing Fallout Albemarle rock reports Australia’s largest lithium mine flags output cut on weak China demand

Greenbushes, Australia’s largest hard rock lithium mine, may be forced to reduce productionas prices for the key battery metal collapse on lower Chinese electric vehicle sales.

27.10 / 03:27

FIVE Pool Albemarle 2020 reports Roy Hill boosts Rinehart war chest by $2.1b amid lithium spree

Gina Rinehart’s Hancock Prospecting has pocketed almost $2.14 billion in dividends from its Roy Hill iron ore mine in the Pilbara in recent months, fuelling the billionaire businesswoman’s spending spree on lithium stocks.

26.10 / 06:11

UPS Target Albemarle Gina Rinehart set to spoil SQM’s $1.6b scheme bid for Azure Minerals

Stockbroker Euroz Hartleys was hoovering up shares in lithium play Azure Minerals on Thursday morning, after the company signed a binding deed with Chilean giant SQM at $3.50 a share.

26.10 / 00:43

COST Provident Target Albemarle stage Lithium hopeful Azure Minerals strikes $1.63b sale to Chile’s SQM

ASX-listed lithium explorer Azure Minerals has agreed to sell itself to Chilean giant Sociedad Química y Minera for $1.63 billion, as deal fever sweeps through the West Australian lithium sector.

25.10 / 15:11

Target Google Corning Albemarle MON innovations analyst Alphabet hammered: 6 big analyst cuts

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades for Alphabet, Albemarle , Corning, TransUnion , Affirm Holdings , and Farfetch.

25.10 / 05:55

Provident RBC Albemarle information reports fall MinRes blames ‘manipulation’ for fall in lithium prices

Mineral Resources says lithium markets are being manipulated to suppress prices in a sector still dominated by battery chemical makers in China.

23.10 / 08:43

Albemarle stage Lithium takeovers ignite the Pilbara

Deal fever swept the Australian lithium sector on Monday, with Chilean giant Socieded Quimica Y Minera set to play a central role in two deals.

22.10 / 00:07

UPS Target Matthews Bill Albemarle Latin Joint Venture Ellison eyes new lithium prize near Albemarle joint venture

Chris Ellison’s Mineral Resources has turned its attention to a new lithium target with links to the company’s chairman, located near the prolific Wodgina lithium mine jointly owned by MinRes and Albemarle.

21.10 / 22:11

UPS Provident FIVE JPMorgan Action Albemarle Deal off, game on: The battle for Liontown is just beginning

Less than five hours after Liontown Resources announced the withdrawal of Albemarle’s $6.6 billion takeover bid, the lithium junior’s biggest shareholder, Gina Rinehart, was busy setting up a new vehicle for her pivot towards critical minerals.

20.10 / 10:07

UPS UBS RIO Albemarle reports Battery metal prices collapse on supply glut, cool Chinese EV demand

Prices for key battery metals required for the clean energy transition – such as lithium and nickel – have collapsed since the start of the year amid a supply glut and Chinese consumers reducing demand for electric vehicles.

19.10 / 18:05

COST UPS Provident ANZ Albemarle Liontown’s $1.18b rescue awaits Rinehart’s endorsement

Lithium developer Liontown Resources will take on $760 million of further debt and issue up to $420 million of new shares in a heavily discounted raising, under a plan to complete construction of its Kathleen Valley mine in Western Australia without the deep pockets of Albemarle.

19.10 / 01:31

COST Booking Chase UBS Albemarle Liontown begins crossings for $400m equity raise; touts $760m debt

UBS began wall crossing fund managers for lithium developer Liontown Resources’ emergency capital raising on Wednesday evening, seeking $400 million from equity capital markets to go alongside $760 million in debt.

18.10 / 05:59

UPS Provident economy Bill Albemarle Mining magnate Chris Ellison seals critical mineral merger

Shareholders in lithium hopeful Essential Metals, backed by Rich Lister Chris Ellison, have voted to merge with an established copper miner as Australia’s tycoons vie for control of the country’s battery metal assets.

16.10 / 08:21

COST Target Booking UBS Albemarle UBS starts sounding for Liontown’s equity raising

Investment bank UBS began sounding fund managers for Liontown Resources’ emergency equity raising on Monday evening, after Albemarle yanked its $6.6 billion bid for the lithium explorer before market open.

Albemarle Financial News

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