Mineral Resources lifts lithium exposure amid spin-out chatter

Original article by Stuart McKinnon
The West Australian – Page: Online : 16-Sep-22

Shares in Global Lithium Resources rose by 11 per cent to close at $2.93 on 14 September after it was revealed that Mineral Resources had lifted its stake in the company from 5.12 per cent to eight per cent. Global Lithium MD Ron Mitchell said that Mineral Resources’ move up its share register was a "vote of confidence in its Western Australian exploration assets", while speculation regarding the likelihood that Mineral Resources will spin-off its lithium assets via a US listing continues.

CORPORATES
GLOBAL LITHIUM RESOURCES LIMITED – ASX GL1, MINERAL RESOURCES LIMITED – ASX MIN

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