Rinehart’s Hancock weighs $3.3 billion iron ore mine project
Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources.
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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