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AustralianSuper Acquires 5.31% Stake in Lynas Rare Earths
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AustralianSuper Acquires 5.31% Stake in Lynas Rare Earths

Lynas Rare Earths Limited (AU:LYC) has released an update.

AustralianSuper Pty Ltd has emerged as a substantial shareholder in Lynas Rare Earths Ltd, with a 5.31% stake comprising 49,626,792 ordinary shares. The firm secured its position on June 12, 2024, as detailed in a recent disclosure under the Corporations Act 2001. This move signifies AustralianSuper’s growing interest in the rare earth sector, signposted by its significant investment in Lynas.

For further insights into AU:LYC stock, check out TipRanks’ Stock Analysis page.

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