Australia's richest person, Gina Rinehart, has increased her stake in lithium firm Liontown Resources as global lithium giant Albemarle seeks a buyout. Meanwhile, the ASX rose for the second day in a row.
Petrol prices have been climbing as oil prices have increased.
Although the national average petrol price fell 1.7 cents per litre last week to 201.7 cents a litre.It says retail petrol prices edged higher over the quarter, rising by 0.7 cents per litre from the March quarter to 182.9 cents a litre.Quarterly average retail petrol prices increased in most capital cities except Sydney.
Petrol prices were more expensive in regional areas than the five biggest cities of Sydney, Melbourne, Brisbane, Adelaide and Perth. In June, average retail diesel prices in the five largest cities fell to 181.2 cents a litre, cheaper than average retail petrol prices of 183.7 a litre.“In the June quarter a number of international factors influenced the fall in diesel prices
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Live: Gina Rinehart ups stake in lithium miner Liontown Resources, ASX in the redAustralia's richest person Gina Rinehart has increased her stake in lithium firm Liontown Resources as global lithium giant Albemarle seeks to take it over. Meanwhile, the ASX has fallen. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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Gina Rinehart’s $500m raid on Liontown gatecrashes $6.6b takeoverAustralia’s richest woman is eyeing a seat on the board of Liontown Resources after investing half a billion dollars in the lithium miner.
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Gina Rinehart’s $500m raid on Liontown gatecrashes $6.6b takeoverAustralia’s richest woman is eyeing a seat on the board of Liontown Resources after investing half a billion dollars in the lithium miner.
Read more »
Gina Rinehart’s $500m raid on Liontown gatecrashes $6.6b takeoverAustralia’s richest woman is eyeing a seat on the board of Liontown Resources after investing half a billion dollars in the lithium miner.
Read more »
Rinehart wins say in Liontown’s future in $6.6b takeover twistAustralia’s richest person wants a big say in Liontown’s flagship lithium project, Kathleen Valley, after building a stake of nearly 8 per cent.
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Rinehart’s Liontown swoop a ‘compliment’Liontown chairman Tim Goyder backs its Kathleen Valley lithium project as Gina Rinehart casts a shadow over Albemarle’s takeover offer.
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