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Albemarle moves on Australian lithium developer

ASX 200 lithium developer Liontown Resources has revealed it has rejected multiple takeover proposals from US major Albemarle Corporation.

Kristie Batten
Liontown environmental officer, Sam Chidgzey, and Anne-Louise Vague, environmental superintendent on site at Kathleen Valley lithium project

Liontown environmental officer, Sam Chidgzey, and Anne-Louise Vague, environmental superintendent on site at Kathleen Valley lithium project

The latest proposal was sent to Liontown yesterday, offering a A$2.50 per share, or $5.2 billion, takeover via a scheme of arrangement. The proposal was subject to unanimous backing from the Liontown...

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