M&A

Spoiler bid slows Bald Hill sale

PLANS by little-known US company Austroid Corporation to purchase Alita Resources' mothballed Bald Hill lithium mine for A$70 million are on shaky ground after Western Australia's Supreme Court agreed more time was needed to explore alternative deals. 

The fate of Bald Hill is a question for the courts

The fate of Bald Hill is a question for the courts

Melbourne-based Mark Rowsthorn's Lithium WA Investments successfully secured a last minute injunction delaying the sale of the mine to Nevada-based Austroid under a deed of company arrangement that was...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.