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MinRes doubles down as lithium explorer Wildcat raises $100m

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

Mineral Resources, backed by the billionaire, pitched into the raising to maintain a 19.94 per cent stake as the white-hot exploration play rattled the tin for funds to advance Tabba Tabba project in Western Australia.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/minres-doubles-down-as-lithium-explorer-wildcat-raises-100m-20231109-p5eiq6