Mineral Resources gets Chinese nod for Wodgina deal

The share price of ASX-listed Mineral Resources rose more than 8% on Friday after the China State Administration for Market Regulation cleared the sale of a 50% interest in the Wodgina lithium project. Mineral Resources in November of last year struck a deal with US major Albemarle to divest of a 50% interest in Wodgina, in Western Australia, for $1.15-billion.