Lithium Miners’ $4.3 Bln Dance is a Two-Way Hedge

MELBOURNE, Sept 4 (Reuters Breakingviews) – On the surface, offering a near-100% premium for an as yet unproductive lithium miner may seem over the top. Dig down a bit, though, and U.S.-based Albemarle’s (ALB.N) A$6.6 billion($4.3 billion) sweetened all-cash offer on Monday for Australian rival Liontown Resources  has financial merit, as well as offering each side a … Read more

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