Iris Metals Limited (AU:IR1) has released an update.
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Stardust Power Inc. has acquired a significant stake in Iris Metals Limited, purchasing 10 million ordinary shares for $2.5 million, which equates to a 5.66% voting power in the company. This substantial investment highlights Stardust’s interest in expanding its influence within Iris Metals, making it a noteworthy move for those monitoring stock market shifts and corporate investments.
For further insights into AU:IR1 stock, check out TipRanks’ Stock Analysis page.