Billionaire Rinehart Raises Stake in Liontown Resources to 18.4%

Australia’s richest woman Gina Rinehart increased her stake in Liontown Resources Ltd. to 18.36%.

(Bloomberg) — Australia’s richest woman Gina Rinehart increased her stake in Liontown Resources Ltd. to 18.36%.

Rinehart-owned Hancock Prospecting Pty paid A$3 a share for Liontown and previously held a 16.69% stake, according to a substantial holder notice to the ASX.

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