KDR
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Company News
Wesfarmers lines up Kidman Resources as latest takeover target
Kidman Resources (ASX: KDR) has become Wesfarmers’ (ASX: WES) latest takeover target after the conglomerate lobbed a $776 million bid for the advanced lithium explorer. Today’s bid come less than two months after Wesfarmers made a $1.5 billion unsolicited grab for rare earths miner Lynas Corporation (ASX: LYC). The offer was followed with a statement […]
LG Chem bags half of Kidman Resources’ planned lithium hydroxide production
Kidman Resources (ASX: KDR) has tied up 50% of its planned lithium hydroxide production after announcing an offtake agreement with LG Chem – a major global battery supplier to the surging electric vehicle sector. The non-binding memorandum of understanding paves the way for LG Chem to purchase 12,000 tonnes per annum of Kidman’s lithium hydroxide […]
Kidman Resources, Kirkland Lake Gold and Metro Mining bag 2018 Diggers & Dealers awards
Kidman Resources, Kirkland Lake Gold and Metro Mining each bagged a prestigious Diggers & Dealers award this year, with the trio finishing the three-day extravaganza basking in the lime light. The three-day event culminated in the final dinner and awards ceremony on Wednesday evening. Metro Mining’s (ASX: MMI) managing director and chief executive officer Simon […]
Kidman Resources defends rights to its Mt Holland lithium project
Kidman Resources (ASX: KDR) has successfully defended the ownership of lithium rights to its Mt Holland project, including the Earl Grey deposit, with Supreme Court Justice Kenneth Martin handing down a judgment on Friday against the plaintiff, Marindi Metals (ASX: MZN). The finding follows the three-day trial held from 29 to 31 May 2017 in the […]