Syrah Resources (AU:SYR) has released an update.
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JPMorgan Chase & Co. and its affiliates have become a substantial holder in Syrah Resources Ltd, acquiring a 5.10% stake as of 27th June 2024. The various entities associated with JPMorgan now hold a combined total of 52,763,161 ordinary shares across different capacities, including securities on loan and obligations to return under securities lending agreements. This move signifies JPMorgan’s growing interest in the resources sector and positions them as a key player in Syrah Resources’ financial dynamics.
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