JPMorgan Chase Reduces Stake in Lynas Rare Earths

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 as of September 6, 2024, involving changes in the possession and control of various ordinary shares. This adjustment follows a series of transactions including securities lending, purchases, sales, and rehypothecation. The notice, signed by Compliance Officer Lokesh Kumar, marks a significant shift in the company’s shareholder structure.

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