Battery metals producer Liontown rejects $3.7 billion proposal from Albemarle

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 28 (Reuters) - Liontown Resources said on Tuesday said it had rejected a non-binding indicative proposal of A$2.50 per share from Albemarle Corp , which valued the battery metals explorer at A$5.50 billion ($3.66 billion).
($1 = 1.5033 Australian dollars) (Reporting by Harish Sridharan in Bengaluru; Editing by Sriraj Kalluvila)

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