Zijin adds to lithium push with talks to buy $6 billion miner
The resource giant is in talks to buy shares in Zangge Mining Co. Ltd. that could lead to a takeover.
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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