Deal off, game on: The battle for Liontown is just beginning

Less than five hours after Liontown Resources announced the withdrawal of Albemarle’s $6.6 billion takeover bid, the lithium junior’s biggest shareholder, Gina Rinehart, was busy setting up a new vehicle for her pivot towards critical minerals.

It was 2.13pm on Monday when the Australian Securities and Investments Commission received the paperwork for the establishment of a new company called Hanrine Future Metals.