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Azure Minerals

April

Gina Rinehart has joined forces with SQM in a $1.7 billion takeover bid for Azure Minerals.

FIRB questions linger in Azure Minerals takeover

UBS hedge fund sales trader said delays in takeover receiving necessary Foreign Investment Review Board approvals should give investors cause for concern.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

February

Hancock Prospecting executive chairman Gina Rinehart.

Rinehart turns 70 at legal and lithium crossroads

As Australia’s richest person hits her milestone birthday, the market is testing Hancock Prospecting’s appetite for becoming a serious lithium force.

  • Brad Thompson

Rich List fortunes gouged by green metals slump

The wealth of mining executives and investors has taken a hit from the falling price of lithium and other minerals used in the transition from fossil fuels.

  • Tom Richardson

January

Mineral Resources boss Chris Ellison.

MinRes insists its lithium mines are still profitable

Billionaire Mineral Resources boss Chris Ellison says he expects lithium prices to keep falling well into 2024.

  • Updated
  • Brad Thompson
Gina Rinehart’s deal to buy into Azure could be a godsend for lithium hopefuls considering whether to write down assets.

Lithium’s M&A frenzy is the wildcard ahead of confession season

Lower lithium and nickel prices clearly present an impairment indicator for company directors to consider. But big takeover bids could save the day.

  • Updated
  • Peter Ker
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Mineral Resources boss Chris Ellison.

MinRes grabs big stake in lithium play Kali Metals just days after IPO

The Chris Ellison-led mining group snared a big stake in the lithium exploration company after a remarkable start to life on the ASX.

  • Updated
  • Brad Thompson
Renowned prospector Mark Creasy

Mark Creasy, lithium kingmaker, strikes rivers of investment gold

Accounts filed by the billionaire prospector’s Yandal Investments show its equity portfolio has risen beyond $1 billion, up from $694 million one year earlier.

  • Brad Thompson

December 2023

Gina Rinehart’s Hancock Prospecting has had a busy year of deals.

Rinehart walks the talk with $1.7b lithium buy

Gina Rinehart’s Hancock Prospecting has been in a few lithium scraps, but has invested more in the sector than most this year. Azure Minerals is significant.

  • Anthony Macdonald
Gina Rinehart has joined forces with SQM in a $1.7 billion takeover bid for Azure Minerals.

Rinehart joins forces with lithium giant SQM in $1.7b Azure bid

Gina Rinehart has thrashed out a partnership that delivers part of her ambitions to become a major lithium player in her home state of Western Australia.

  • Updated
  • Brad Thompson
A lithium mine in Western Australia.

Lithium heavyweights on cusp of sealing Azure partnership

The battle for control of lithium explorer Azure Minerals is expected to become clearer this week as major investors get close to a cooperation pact.

  • Peter Ker

November 2023

Wildcat Resources executive director Matthew Banks

MinRes fails to stop Wildcat director’s $28.8m lithium windfall

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

  • Elouise Fowler and Brad Thompson
Paul Graves, president and chief executive officer of Livent, will lead Arcadium Lithium.

Next lithium giant says WA deals far too rich right now

The enlarged Allkem-Livent will get aggressive acquiring lithium assets in Australia once it has a better idea of the landscape, but current valuations are far too high.

  • Brad Thompson
Gina Rinehart and Chris Ellison.

MinRes wades into heavyweight battle over lithium target Azure

Chris Ellison’s Mineral Resources has built a big stake in lithium play Azure Minerals in the wake of SQM lobbing a $1.6 billion takeover offer.

  • Updated
  • Elouise Fowler and Brad Thompson
Mineral Resources boss Chris Ellison.

MinRes makes down payment in billion-dollar lithium blitz

Billionaire Chris Ellison faces paying a loftier premium for the Bald Hill lithium mine, and SQM is bracing for more competition for Azure Minerals.

  • Brad Thompson

October 2023

Chris Ellison has built a formidable company operating in Western Australia's iron ore rich Pilbara region.

MinRes takes big stake in WA lithium play Wildcat

Billionaire Chris Ellison grabbed a 19.8 per cent stake in the explorer as deal frenzy continues in the state.

  • Brad Thompson
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Tolga Kumova joins Pilbara lithium frenzy

The resources investor is the biggest backer of micro-cap Industrial Minerals, which has stuck a deal allowing it to extract lithium from Pilbara tenements.

  • Updated
  • Peter Ker
Hancock Prospecting executive chairman Gina Rinehart.

$2.14b dividend war chest fuels Rinehart’s lithium raid

The Pilbara iron ore mine has paid the country’s richest person $2.14 billion at the same time as management considers life after operations come to an end.

  • Updated
  • Brad Thompson

Rinehart buoyed by $222m Atlas iron ore dividend

Gina Rinehart has more ammunition to throw at her lithium pivot after banking $222 million from her Atlas Iron subsidiary.

  • Updated
  • Peter Ker
Gina Rinehart may have found herself another lithium darling.

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.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Lithium takeovers ignite the Pilbara

One week after lithium giant Albemarle abandoned its Liontown takeover, South American lithium giant SQM is making moves of its own.

  • Peter Ker

Original URL: https://www.afr.com/company/azs-88