Original article by Brad Thompson
The Australian Financial Review – Page: 15 : 4-Sep-24

A spokesman for Treasurer Jim Chalmers says the federal government will undertake a full assessment of whether the Yuxiao Fund has complied with an order to divest its stake in Northern Minerals. The Singapore-registered fund and its associates were directed to sell their equity interest in the critical minerals group due to their Chinese links. Yuxiao has sold its stake to two separate Hong Kong-registered companies, Qogir Trading & Service and Hong Kong Ying Tak, which will also be subject to government scrutiny on national interest grounds.

CORPORATES
NORTHERN MINERALS LIMITED – ASX NTU, YUXIAO FUND, AUSTRALIA. DEPT OF THE TREASURY