The Liontown Resources non-executive chair is Australia’s newest billionaire, and dealt with a few of the more established ones on his way up.
Australia’s newest billionaire, Tim Goyder, has had more than a few brushes with some of the most established.following a renewed buyout offer of $5.5 billion from New York-based lithium giant Albemarle, taking the value of his stake to $844 million.Goyder also owns an 11 per cent stake in nickel sulphide explorer Chalice. It too had a good Tuesday after, sending its shares up 9 per cent and Goyder’s stake over $226 million.
But then Goyder, a mining industry lifer, has always had more than one game going on. The 68-year-old pegged his first tenement in his early 20s near Eneabba, a small town where he grew up 278 kilometres north of Perth.in 2021, shortly before takeover interest in Liontown made him a paper billionaire for the first time, before subsiding for a spell.
However, windfalls in the Hope Downs style eluded Goyder for much of his early career. His mainstay used to be drilling contractor Grimwood Davies, which he eventually sold to Boart Longyear in 2007. Goyder even admits to looking at land that would eventually be pegged by Andrew Forrest, forming part of the Fortescue Metals Group that would make Mr Forrest the richest man in the country.
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