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Citigroup Entities Exit Substantial Holder Status in Elevra Lithium
Citigroup entities, including Citigroup Global Markets Australia, are no longer substantial shareholders in Elevra Lithium (AU:ELV) as of April 22, 2026. This change is due to adjustments in securities lending and trading positions, reducing Citi’s net exposure below regulatory disclosure thresholds. The rebalancing affects Elevra’s institutional ownership and liquidity profile, but not its underlying operations; analysts currently rate ELV as a Buy with a A$10.30 price target.