Mineral Resources to sell stake in lithium developer Azure

Reuters | January 24, 2024 | 4:32 pm Battery Metals Australia Lithium 
Rinehart may block SQM $1bn takeover of Azure Minerals
Azure owns the majority of the Andover lithium project in Western Australia. (Image courtesy of Azure Minerals.)

Mineral Resources expects to sell its stake in lithium developer Azure Minerals in the current half year, chief financial officer Mark Wilson said on Thursday.

“We do have an investment in Azure …. That is, as you would know, the subject of a bid by Hancock and SQM and we intend to sell into that this half,” he said on an analyst call, referring to Chile’s SQM.

(By Melanie Burton; Editing by Sandra Maler)

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  • Elias

    I am looking for lithium buyers/investors in Zimbabwe. I am a south Africa and have clients with lithium ore

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