Albemarle’s $4.16 Billion Lithium Bet Scuttled by Australia’s Richest Person
Updated Oct. 15, 2023 9:50 pm ETADELAIDE, Australia—Albemarle hoped to cement its position as the world’s most valuable lithium producer with a $4.16 billion takeover of Liontown Resources. Australia’s richest person had other ideas.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8