Lynas Rare Earths Limited (AU:LYC) has released an update.
JPMorgan Chase & Co. and its affiliates have become substantial shareholders in Lynas Rare Earths Ltd, holding 5.20% of the company’s voting power through various forms of security interests and investments. This move, effective from September 18, 2024, indicates a significant commitment by JPMorgan to Lynas, which could suggest confidence in the rare earths market.
For further insights into AU:LYC stock, check out TipRanks’ Stock Analysis page.
