Lynas Rare Earths Limited (AU:LYC) has released an update.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Lynas Rare Earths Ltd, impacting a total of 2,030,173 ordinary shares through various transactions as agents, lenders, and principals. The changes in shareholding status were officially reported on July 10, 2024, following a series of purchases and sales of Lynas securities. This strategic move could indicate shifting interests or a realignment of JPMorgan’s investment portfolio.
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