Rinehart buys 18% stake in Azure Minerals to block SQM takeover

Australia’s richest woman Gina Rinehart’s Hancock Prospecting said on Friday it had acquired 18% of Azure Minerals (ASX: AZS) in a strategic move aimed at deranging Chilean lithium giant SQM’s (NYSE: SQM) A$1.63 billion ($1bn) bid for the junior. The stake,...