AustralianSuper increases stake in Pilbara Minerals to over 15%

AustralianSuper Pty Ltd has boosted its substantial holding in Pilbara Minerals Limited, with its voting power rising from 14.37% to 15.69%. This change reflects an acquisition of 42,340,984 additional ordinary shares, increasing AustralianSuper's total votes to 504,964,659. The latest notice was lodged on September 5, 2025, detailing transactions up to September 3, 2025.

The increase in ownership stems from a series of buy and sell transactions executed between August 29, 2025, and September 3, 2025. Notable purchases include 18,888,359 ordinary shares on September 2, 2025, and 10,606,463 ordinary shares on September 3, 2025. These acquisitions were made at prices ranging from A$2.26 to A$2.43 per share.

AustralianSuper now holds a more substantial position in the mining company, indicating strengthened confidence in Pilbara Minerals.