Northern Minerals falls as Australia orders China-linked investors to sell stakes

Northern Minerals

18/05/2026 02:26

** Shares of Northern Minerals NTU.AX fall 8.3% to A$0.022, their lowest level since April 2025

** Australian Treasurer Jim Chalmers issued orders for six shareholders to divest their holdings in co

** Order issued on concerns that Chinese parties had tried to take control of the rare earths miner

** Shares on track for biggest daily fall since early March, if current losses hold

** Stock down 26.7% YTD, including moves in current sessions

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))