MinRes tightens grip on smaller rival Delta Lithum amid sector consolidation

Delta Lithium

13/12/2023 02:42

Dec 13 (Reuters) - Australia's Mineral Resources
 MIN.AX  is continuing to push forward in the country's lithium
sector consolidation play, upping its major stake in local miner
Delta Lithium  DLI.AX .
    According to a filing on the Australian Securities Exchange
on Wednesday, Chris Ellison-led MinRes has beefed up a 24.27%
stake in Delta. 
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
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 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Dhanya
Ann Thoppil)
 ((Rishav.Chatterjee@thomsonreuters.com;))