Kidman to be acquired by Australia’s Westfarmers

Australia’s largest company by revenue, Wesfarmers, has announced plans to acquire lithium developer, Kidman Resources, marking the first major lithium acquisition of 2019.

The deal between the multibillion-dollar conglomerate, which has major interests in chemicals, coal and fertilisers, could have wide repercussions for the global lithium market and the wider … Read more