Australian heavy rare earths-focused company Northern Minerals Limited (ASX: NTU) refers to previous announcements relating to:
- the orders made by the Treasurer dated 17 May 2026, exercising his powers under the Foreign Acquisitions and Takeovers Act 1975 (Cth) to make disposal orders against six (6) foreign investors in Northern Minerals shares (representing approximately 17.58% of the total number of Northern Minerals shares on issue) (17 May 2026 Disposal Orders); and
- the 17 May 2026 Disposal Orders Divestment Due Date of 2 July 2026, which has now passed.
Northern Minerals notes that, based on the Company’s updated register of its members (effective two trading days post the 17 May 2026 Disposal Orders Divestment Date of 2 July 2026), a majority of the shares that were the subject of the 17 May 2026 Disposal Orders remain registered in the names of the persons the subject of the 17 May 2026 Disposal Orders.
Northern Minerals will provide relevant share registry information to the Foreign Investment Division of the Department of Treasury (FIRB) to assist the Treasurer and FIRB in the process of determining compliance with the 17 May 2026 Disposal Orders.
