Company
Arafura Rare Earths Ltd
ASX:ARU
Arafura Rare Earths Ltd is developing the Nolans rare earths project in the Northern Territory of Australia.
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Arafura Resources seeks to raise A$41.5 million in share placement targeting development of Nolans critical minerals project
MD Gavin Lockyer said investor interest and "advanced discussions" with potential offtakers clearly demonstrated the importance of Nolans to the global supply chain for critical raw materials.
Rare earths & specialist minerals
Arafura Resources negotiating with GE Renewable Energy to supply neodymium and praseodymium from Nolans
A secured rare earth supply for GE de-risks the magnet value chain, provides supply security and supports the growth of the local offshore wind sector.
Rare earths & specialist minerals
Arafura Resources higher on signing rare earth offtake MoU with Hyundai Motor Company
Arafura aims to work with companies that are strategically aligned with the company’s value proposition of supply chain diversification, product traceability and security of supply with high ESG standards.
Rare earths & specialist minerals
Arafura Resources appoints mandated lead arrangers for Nolans Project debt financing
“The appointment of the MLAs represents an important milestone in the company’s progress towards a final investment decision this year,” says MD Gavin Lockyer.
Rare earths & specialist minerals
Arafura Resources awarded $30 million under Federal Government’s Modern Manufacturing Initiative
Nolans is Australia’s only shovel-ready neodymium-praseodymium (NdPr) project — a globally significant development with the potential to supply around 5% of the world’s NdPr oxide demand.
Rare earths & specialist minerals
Arafura Resources signs agreement with Korean government agency to open rare earths export market
The agreement facilitates the demand for rare earths in the Korean market, recognising the strategic importance of security of supply.
Rare earths & specialist minerals
Arafura Resources welcomes growing demand for critical minerals in December quarter
The project developer, which is advancing the Nolans NdPr asset in the Northern Territory, hopes to keep engaging European and South Korean customers on the hunt for a long-term strategic supply.
Rare earths & specialist minerals
Arafura Resources awards Hatch engineering design contract for Nolans hydrometallurgical plant
“Hatch has a proven track record of delivering projects comprising complex metallurgical processing plants, across multiple commodities, and specifically unsurpassed hydrometallurgical process plant engineering design expertise,” says MD.
Rare earths & specialist minerals
Arafura Resources directors demonstrate faith in rare earth strategy through SPP participation
Arafura is aiming to reach a Final Investment Decision for the Nolan's NdPr asset in 2022’s second half.
Rare earths & specialist minerals
Arafura Resources focuses on Final Investment Decision in mid-2022 for Nolans project
It is “very optimistic” about the year ahead in getting the Nolans Project fully funded and ready for production.
Rare earths & specialist minerals
Arafura Resources completes $18.92 million second tranche of $40 million placement
The substantial fundraise will prime Arafura to conduct crucial design studies at its Nolans Project as it prepares to supply a spike in demand for magnet rare earths.
Rare earths & specialist minerals
Arafura Resources will close $5.5 million SPP early following strong shareholder demand
The company's SPP will now close on August 13 instead of the previously planned closing date of August 23.
Rare earths & specialist minerals
Arafura Resources steams ahead at Nolans rare earth project with FEED activities set to start
First production is targeted in late 2024 when the NdPr market is poised to enter a deficit due to underinvestment in the rare earth oxides supply chain.
Rare earths & specialist minerals
Arafura Resources completes $21 million first tranche of strongly supported $40 million placement
The substantial fundraise will prime Arafura to conduct crucial design studies at its Nolans Project as it prepares to supply a spike in demand for magnet rare earths.
Arafura Resources eyes $45 million equity raise to support Nolans Project FEED studies
The substantial fundraise will prime Arafura to conduct crucial design studies at its Nolans Project as it prepares to supply a spike in demand for magnet rare earths.
Rare earths & specialist minerals
Arafura Resources in trading halt ahead of capital raising announcement
Securities will remain halted until Thursday, June 24, or when an announcement is released to the market.
Rare earths & specialist minerals
Arafura Resources welcomes NAIF support for potential Nolans senior debt facility
A without commitment Letter of Support from the Northern Australia Infrastructure Facility has been received in relation to a potential senior debt facility for up to A$100 million.
Rare earths & specialist minerals
Arafura Resources commits to sustainable supply of rare earths from Nolans Project
The UN Global Compact aims to accelerate and scale the collective global impact of business through its Ten Principles in the areas of human rights, labour, the environment and anti-corruption and to take action on the issues embodied in th