Syrah Resources (AU:SYR) has released an update.
Citigroup Global Markets Australia Pty Limited and its affiliates have become substantial shareholders in Syrah Resources Ltd, acquiring a 5.3029% stake in the company. The shares were acquired through various contracts, including securities lending agreements. Citigroup’s interest in Syrah Resources reflects a strategic investment move, marking them as a notable player in the company’s financial landscape.
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