Rinehart's Hancock Prospecting takes major stake in Liontown

Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday markets rumours indicating her company had increase its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted Albemarle’s (NYSE: ALB) $4.3 billion (A$6.6bn) buyout offer. Hancock said...