State Street raises stake in Champion Iron Limited to over 7%

State Street Corporation and its subsidiaries have become a more substantial holder in Champion Iron Limited, with their voting power increasing from 6.01% to 7.04%. This change in interest occurred on August 22, 2025, with the previous notice issued on March 3, 2025. The total number of votes held by State Street has risen from 31,130,366 to 37,529,209 ordinary shares.

The filing details numerous changes in relevant interests, primarily through "lend - for stock lend" and "collateral received" transactions by State Street Bank and Trust Company, as well as "transfer in" and "transfer out" activities by State Street Global Advisors, Australia, Limited. These transactions span from February 28, 2025, to August 22, 2025, indicating active management of their holding.

State Street's relevant interest in Champion Iron Limited primarily stems from its role as an investment manager or trustee, controlling the exercise of voting rights and the disposal of securities. The company also engages in securities lending agreements, acting as both a lender and borrower of securities, and holds security interests over collateral to secure these loans.