Visy's Anthony Pratt moving to US; Bidders jockey for Uluru resort sale

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Gina Rinehart-backed lithium producer Liontown Resources is dialling down production and scrambling to cut costs just three months after opening its Kathleen Valley mine built at a cost of $951m.

It has taken the best part of three decades, but billionaire Anthony Pratt is finally making a permanent move to the US, writes John Stensholt.

Two major corporations are jockeying to snare a long-term lease over the $380m Indigenous-owned accommodation hubs in the shadow of Uluru.