MinRes makes down payment in billion-dollar lithium blitz
Brad ThompsonReporter
Chris Ellison’s Mineral Resources made a down payment on the Bald Hill lithium mine as he advances a billion-dollar spending spree in the West Australian lithium sector, and mounts a potential challenge to SQM’s takeover of Azure Minerals.
Singapore-listed Alita Resources said MinRes made an initial payment of $123.9 million on Bald Hill, with an independent expert to determine the final price.
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