Northern Minerals Limited (NTU.AX)
- Reuters
Chinese rare earths investor fails to win seat on Australia's Northern Minerals board
SYDNEY (Reuters) -A Chinese mining investor has failed in a bid to join Australian rare earths mining company Northern Minerals' board on Thursday, days after Australia's Treasurer ordered the investor's private company to sell some of its shares. Treasurer Jim Chalmers earlier this week ordered several China-linked investors to dispose of Northern Mineral shares, amounting to 10.4% of its issued share capital, on national interest grounds. Yuxiao Fund had 60 days to offload 80 million Northern Minerals shares bought in September.
- Simply Wall St.
Northern Minerals Limited's (ASX:NTU) top owners are retail investors with 49% stake, while 29% is held by private companies
Key Insights Significant control over Northern Minerals by retail investors implies that the general public has more...
- Simply Wall St.
Individual investors among Northern Minerals Limited's (ASX:NTU) largest stockholders and were hit after last week's 12% price drop
Key Insights Northern Minerals' significant individual investors ownership suggests that the key decisions are...
