Mining Magnate, HPPL Group Further Boost Stake in Lynas Rare Earths

MT Newswires Live
31 Jan

Lynas Rare Earths (ASX:LYC) received notice that mining magnate and investor Georgina Hoper Rinehart, along with Hancock Prospecting and its units (HPPL Group) increased their voting power in the company to 8.21% from 7.14% on Tuesday, according to an Australian bourse filing on Friday.

Rinehart and HPPL group became Lynas' substantial shareholder in April 2024, holding 54.4 million shares representing a 5.8% voting power, an earlier filing showed.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10