Wesfarmers makes $546 mln bid for lithium spodumene producer Kidman Resources

By Martim Facada
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 Kidman Resources.

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...

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