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Norges Bank Acquires Substantial Stake in Mineral Resources Limited

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Norges Bank Acquires Substantial Stake in Mineral Resources Limited

Mineral Resources Limited ( (AU:MIN) ) has shared an update.

Norges Bank has become a substantial holder in Mineral Resources Limited, acquiring a 5.31% voting power through ordinary shares. This acquisition, managed on behalf of the Government of Norway, signifies a strategic investment move, potentially impacting the company’s market influence and shareholder dynamics.

More about Mineral Resources Limited

Mineral Resources Limited operates in the mining industry, focusing on the extraction and processing of mineral resources. The company is known for its production of iron ore and lithium, catering to both domestic and international markets.

YTD Price Performance: -38.23%

Average Trading Volume: 633

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.71B

For an in-depth examination of MIN stock, go to TipRanks’ Stock Analysis page.

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