Wesfarmers makes $546 mln bid for lithium spodumene producer Kidman Resources
Published: Thursday, 02 May 2019
Australia’s Wesfarmers has bid $546 million to acquire compatriot company Kidman Resources, a junior lithium spodumene producer, the company announced on May 2.
Australian conglomerate Wesfarmers bid $546 million on
Thursday May 2 to acquire junior lithium spodumene producer
Fellow Australian company Kidman is developing the Mount
Holland asset in Western Australia to produce lithium spodumene
concentrate in a 50:50 joint venture with Chilean lithium
producer SQM. They are looking to...