Aussie billionaire Rinehart's Hancock Prospecting take stake in lithium miner Azure

Azure Minerals

27/10/2023 07:22

Oct 27 (Reuters) - Australian billionaire Gina
Rinehart-controlled Hancock Prospecting has taken an 18% stake
in Azure Minerals  AZS.AX , it said on Friday, a day after
Chile's SQM  SQMA.SN  offered to buy the stake it doesn't own in
lithium developer Azure for $900 million.

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Savio
D'Souza)
 ((Rishav.Chatterjee@thomsonreuters.com;))