Gina Rinehart’s Hancock Prospecting has been in a few lithium scraps, but has spent more in the sector than most this year. Azure Minerals is significant.
No one wants to be a party pooper at this time of year, and especially not Australia’s richest person, Gina Rinehart.
Having stomped on lithium hopeful Liontown Resources’ $6.6 billion takeover bid in October, Rinehart and her Hancock Prospecting have given us 850 million reasons why they will be more than just a minority investor or deal spoiler in Australia’s lithium land grab.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
