Chinese in box seat for Alita

THE receivers of Alita Resources have retired after administrators received two proposals to restructure the collapsed lithium producer.

Chinese in box seat for Alita Chinese in box seat for Alita Chinese in box seat for Alita Chinese in box seat for Alita Chinese in box seat for Alita

Alita's Bald Hill mine was suspended in early September

Administrator KordaMentha said one of the proposals would deliver a "markedly superior" outcome to creditors than the other.