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(Recasts, adds details on capital raising in paragraph 7, analyst comments in paragraphs 9, 13-14)
By Melanie Burton and Scott Murdoch
MELBOURNE, Oct 16 (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...
>>> Read more: UPDATE 5-Lithium developer Liontown to raise funds after Albemarle dumps $4.2 bln bid
By Melanie Burton and Scott Murdoch
MELBOURNE, Oct 16 (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...
>>> Read more: UPDATE 5-Lithium developer Liontown to raise funds after Albemarle dumps $4.2 bln bid
