Wednesday, May 13, 2026
HomeAustraliaLithium Letdown: Australia Briefing

Lithium Letdown: Australia Briefing

Morning! It is Harry right here, up early to file for you from my dwelling state, Queensland. Here is the highest information on your Tuesday:

At this time’s must-reads:
• US large Albemarle walks away
• NZ’s minor proper wing events thrash out a brand new coalition deal
• Crypto exchanges face extra regulation

The world’s largest lithium producer Albemarle Corp. has walked away from its A$6.6 billion ($4.2 billion) takeover of miner Liontown Sources after iron-ore billionaire Gina Rinehart purchased up a near-20% stake ample to scupper the deal. Liontown will now look to boost cash to fund additional improvement by itself.

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