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MinRes confirmed as buyer in Bald Hill battle

MinRes confirmed as buyer in Bald Hill battle
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Lithium miner Alita Resources administrators confirm buyout talks, start liquidation

Lithium miner Alita Resources administrators confirm buyout talks, start liquidation
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Lithium miner Alita Resources administrators confirm buyout talks, start liquidation, ET Auto

Alita Resources: To execute the agreement, Alita s administrators are considering whether the continuation of the arrangement received by Austroid Corp, a U.S.-based lithium products firm that acquired issued shares in the company in late 2020, is in the best interest of Alita, according to a filing with the Singapore exchange issued on Thursday.

Lithium miner Alita Resources administrators confirm buyout talks, start liquidation

Administrators of Alita Resources on Thursday started the liquidation process for the cash-strapped Australia-based lithium miner on confirming an implementation agreement with an unnamed third party.

Lithium supply: China buys half of the lithium mines for sale, S&P Global Ratings survey finds

The purchases, worth an estimated $12.3 billion, underscore the tightening grip the world’s second-largest economy has over the global battery metal supply chain.

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