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Citigroup steps back from Core Lithium register

Story Highlights
  • Core Lithium is an Australian lithium miner supplying battery-grade spodumene.
  • Citigroup entities shed substantial holder status after transferring 29.2 million CXO shares under securities lending.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup steps back from Core Lithium register

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Core Lithium Ltd ( (AU:CXO) ) has issued an announcement.

Citigroup Global Markets Australia and its related entities disclosed they ceased to be substantial holders of Core Lithium on 2 February 2026 after securities-lending-driven shifts that saw 1,019,611 additional ordinary shares registered locally while affiliated entities in the United States and United Kingdom reduced their positions by a combined 29.2 million shares. The exit of Citi’s global investment arms from substantial-holder status removes a major institutional backer, potentially altering Core Lithium’s register composition and raising questions about future liquidity support as the company navigates volatile lithium markets.

The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

More about Core Lithium Ltd

Core Lithium Ltd is an Australian lithium miner focused on developing and producing battery-grade spodumene for electric vehicle supply chains.

Average Trading Volume: 29,513,335

Technical Sentiment Signal: Buy

Current Market Cap: A$625.2M

For an in-depth examination of CXO stock, go to TipRanks’ Overview page.

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