Australia blocks Hong Kong investor's voting rights in Northern Minerals
31/03/2026 23:32
April 1 (Reuters) - Australian Treasurer Jim Chalmers has barred Hong Kong-based Ying Tak from voting or transferring 361.5 million shares in Northern Minerals NTU.AX, the Australian rare-earths miner said on Wednesday. The shares' transfer from Black Stone Resources and others may have breached a 2024 national-interest order that required five investors to divest a combined 613.6 million shares, it said. (Reporting by Roushni Nair in Bengaluru; Editing by Shreya Biswas) ((Roushni.Nair@thomsonreuters.com;))
Recent news on Northern Minerals
See all newsBrief: Northern Minerals Says Company Has Now Had Opportunity To Consider New Disposal Orders
Brief: Northern Mineral Says Treasurer Makes Further Disposal Orders
Northern Minerals falls as Australia orders China-linked investors to sell stakes
Australia orders China-linked investors to sell Northern Minerals stake (updated)
Australia treasurer orders six shareholders to divest from Northern Minerals (updated)