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Gina Rinehart-backed Delta Lithium to spin out WA gold mine

Mark Wembridge

Gina Rinehart-backed junior explorer Delta Lithium will carve out its undeveloped gold assets into a new ASX-listed miner to try to profit from the astronomical demand for the precious metal.

Delta put its Mount Ida gold mine in Western Australia up for sale last year when it hired brokerage Bell Potter to find a potential buyer.

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Mark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au

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    Original URL: https://www.afr.com/companies/mining/gina-rinehart-backed-delta-lithium-to-spin-out-wa-gold-mine-20250428-p5lus9