Bald Hill bid scalped as treasurer blocks deal

OWNERSHIP of Australia’s critical minerals has been put squarely in the picture as Australian treasurer Dr Jim Chalmers exercised his powers to block the sale of the Bald Hill lithium mine to a little-known US shell company.

Bald Hill bid scalped as treasurer blocks deal Bald Hill bid scalped as treasurer blocks deal Bald Hill bid scalped as treasurer blocks deal Bald Hill bid scalped as treasurer blocks deal Bald Hill bid scalped as treasurer blocks deal

Bald Hill last operated in 2019

Using the almost 50-year-old Foreign Acquisitions and Takeovers provisions for only the second time this year, Chalmers has blocked Nevada-based Austroid Corporation from acquiring an additional 90.

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