MinRes tightens grip on smaller rival Delta Lithium amid sector consolidation

Mt Ida project. Credit: Delta Lithium

Australia’s Mineral Resources is continuing to push forward in the country’s lithium sector consolidation play, upping its major stake in local miner Delta Lithium.

According to a filing on the Australian Securities Exchange on Wednesday, Chris Ellison-led MinRes has beefed up a 24.27% stake in Delta.

(By Rishav Chatterjee; Editing by Dhanya Ann Thoppil)

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