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Australian Mines ( (AU:AUZ) ) has provided an update.
Australian Mines Limited has announced a change in the interests of its director, Dominic Marinelli, who has acquired an additional 8,000,000 fully paid ordinary shares under the company’s Loan Share Plan. This acquisition, approved at the 2025 AGM, increases Marinelli’s total holdings significantly, reflecting a strategic move that could enhance his influence within the company and potentially impact its governance and strategic direction.
More about Australian Mines
Australian Mines Limited operates in the mining industry, focusing on the exploration and development of battery metals projects. The company is primarily engaged in the production and supply of nickel, cobalt, and scandium, which are essential components for electric vehicle batteries and other renewable energy technologies.
YTD Price Performance: 60.0%
Average Trading Volume: 20,639,919
Technical Sentiment Signal: Hold
Current Market Cap: A$32.17M
Learn more about AUZ stock on TipRanks’ Stock Analysis page.