Elevra Lithium Ltd (ASX:ELV) has disclosed that JPMorgan Chase & Co. and its affiliates became a substantial holder in the company on 5 November 2026, acquiring a relevant interest in 10,820,248 ordinary shares, representing 5.58% voting power.

Key Points

  • JPMorgan Chase & Co. and its affiliates became a substantial holder in Elevra Lithium on 5 November 2026
  • The total relevant interest held across JPMorgan entities amounts to 10,820,248 ordinary shares, representing 5.58% voting power
  • Seven JPMorgan subsidiaries hold relevant interests through a range of arrangements including securities lending, proprietary trading, investment management, and prime brokerage agreements
  • The notice was signed by Vasim Pathan, Compliance Officer, and dated 9 November 2026

Substantial Holder Threshold Reached on 5 November 2026

According to the Form 603 filing lodged with the ASX, JPMorgan Chase & Co. and its affiliates reached the threshold to be classified as a substantial holder in Elevra Lithium Ltd on 5 November 2026. The filing discloses that 10,820,248 ordinary shares carry 10,820,248 votes, equating to 5.58% voting power in the company. The notice was submitted under Section 671B of the Corporations Act 2001 and signed by Vasim Pathan in his capacity as Compliance Officer on 9 November 2026.

Distribution of Relevant Interests Across JPMorgan Entities

The filing details relevant interests held by seven JPMorgan subsidiaries. JPMorgan Chase Bank, N.A. holds 4,640,174 ordinary shares as agent lender under a securities lending arrangement. J.P. Morgan Securities PLC holds 2,355,351 shares subject to an obligation to return under a securities lending agreement and a further 132,902 shares through proprietary trading. J.P. Morgan Securities LLC holds 1,652,700 shares under a securities lending obligation, 187,030 shares via rehypothecation under a Prime Brokerage Agreement, and 58,548 shares through proprietary trading. J.P. Morgan Securities Australia Limited holds 1,329,672 shares via proprietary trading and 300,000 shares under a securities lending agreement.

Remaining Affiliate Holdings and Association Disclosure

Additional holdings disclosed in the filing include J.P. Morgan Prime Inc. with 5,570 ordinary shares held through rehypothecation under a Prime Brokerage Agreement, J.P. Morgan Investment Management Inc. with 23,084 shares held in its capacity as investment manager, and JPMorgan Asset Management (UK) Limited with 135,217 shares held in its capacity as investment manager. All seven entities are disclosed as associates of JPMorgan Chase & Co. by virtue of being subsidiaries of that entity. The filing also notes that J.P. Morgan Securities LLC retains a relevant interest in 10 shares through a proxy voting delegation agreement.