Albemarle looks to sell its entire stake in Australian lithium-miner Liontown for $80m

Albemarle looks to sell its entire stake in Australian lithium-miner Liontown for $80m

Lithium mine. Photo: Reuters

An Albemarle unit has put on sale its entire stake in Australia’s Liontown Resources, a term sheet showed on Wednesday, after the US-based firm withdrew its proposed A$6.6 billion ($4.33 billion) bid for the lithium developer.