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By Melanie Burton and Scott Murdoch
MELBOURNE (Reuters) -Australian lithium developer Liontown Resources on Monday entered a trading halt to raise funding for its flagship Kathleen Valley lithium project after U.S.-based miner Albemarle abandoned a A$6.6 billion ($4.16 billion) buyout bid.
Albemarle withdrew its indicative proposal amid "growing complexities," the companies confirmed in separate statements that came days after Hancock Prospecting, an iron ore miner controlled by Australia's ri...
>>> Read more: Lithium developer Liontown to raise funds after Albemarle dumps $4.2 billion bid
MELBOURNE (Reuters) -Australian lithium developer Liontown Resources on Monday entered a trading halt to raise funding for its flagship Kathleen Valley lithium project after U.S.-based miner Albemarle abandoned a A$6.6 billion ($4.16 billion) buyout bid.
Albemarle withdrew its indicative proposal amid "growing complexities," the companies confirmed in separate statements that came days after Hancock Prospecting, an iron ore miner controlled by Australia's ri...
>>> Read more: Lithium developer Liontown to raise funds after Albemarle dumps $4.2 billion bid
