Arafura Rare Earths Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Darryl Cuzzubbo Mast
- Full Time Employees
- 6
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 432 Murray Street Perth WA Australia 6000
- IPO Date
- Jun 24, 2008
- Website
- arultd.com
- Similar Companies
- Business
- Arafura Rare Earths Limited (ASX: ARU; OTC: ARAFF) is an Australia-based mining company focused on the development and production of rare earth products from its flagship Nolans Project, located 135 kilometers north of Alice Springs in the Northern Territory; the project encompasses a mine, beneficiation plant, extraction plant, separation plant, sulphuric acid plant, and related infrastructure to produce neodymium-praseodymium (NdPr) oxide as its primary product, mixed middle-heavy rare earths (SEG/HRE) oxide including dysprosium and terbium, and phosphoric acid by-product; these rare earth oxides serve critical applications in permanent magnets for electric vehicles, wind turbines, robotics, consumer electronics, energy-efficient lighting, catalytic converters, optics, alloys, and advanced ceramics. Founded in 1997 and headquartered in Perth, Western Australia, with additional offices in Darwin, the company targets global markets emphasizing supply chain diversification away from China, with binding offtake agreements covering approximately 66% of planned NdPr production with tier-1 customers including Hyundai Motor Group, Kia Corporation, Siemens Gamesa, and Traxys; Nolans features a JORC-compliant ore reserve supporting a 38-year mine life at an average annual processing rate of 7.6 million tonnes of ore to yield around 4,440 tonnes per annum of NdPr oxide and 573 tonnes per annum of SEG-HRE oxide, positioning Arafura to supply approximately 4% of global magnet rare earth demand from a low-cost operation in the first quartile of the cost curve. In recent developments, the company received conditional support from the Australian Government including an AU$840 million debt package in 2024 and a further AU$200 million cornerstone equity investment commitment from the National Reconstruction Fund Corporation (NRFC) in January 2025 to advance the Nolans Project toward final investment decision expected around its October 2025 Annual General Meeting; Arafura entered the appraisal phase for up to €100 million equity from Germany's Raw Materials Fund and pursued approximately $100 million from Export Finance Australia, alongside US$300 million support from the U.S. EXIM Bank as part of over $1.35 billion in total secured funding commitments; site enabling works including bulk earthworks and bore field headworks were completed in late 2023, with construction poised to commence post-final financing and FID, alongside ongoing equity raises covering up to 60% of the $775 million requirement through cornerstone investors and joint venture discussions; the company rebranded from Arafura Resources Limited to Arafura Rare Earths Limited in October 2022 to reflect its specialized focus on rare earths processing for the energy transition.
Arafura Rare Earths plans $250 million share sale backed by Australia's richest person
Arafura Rare Earths Limited (ARAFF) Q3 2026 Earnings Call Transcript
Arafura advances Nolans readiness with land agreement, camp acquisition and HRE technology review
Arafura Rare Earths Limited (ARAFF) Q2 2026 Earnings Call Transcript
Arafura Rare Earths Limited (ARAFF) Q4 2025 Earnings Call Transcript
Arafura Rare Earths Ltd. (ARAFF) Q3 2025 Earnings Call Transcript
Arafura Rare Earths Ltd. (ARAFF) Q2 2025 Earnings Call Transcript
Arafura Rare Earths Ltd. (ARAFF) Q1 2024 Earnings Call Transcript
Arafura Rare Earths Limited (ARAFF) Q4 2023 Earnings Call Transcript
Arafura Resources awards Hatch engineering design contract for Nolans hydrometallurgical plant
Arafura Resources directors demonstrate faith in rare earth strategy through SPP participation
Arafura Resources focuses on Final Investment Decision in mid-2022 for Nolans project
Arafura Resources completes $18.92 million second tranche of $40 million placement
Arafura Resources will close $5.5 million SPP early following strong shareholder demand
Arafura Resources steams ahead at Nolans rare earth project with FEED activities set to start
Arafura Resources completes $21 million first tranche of strongly supported $40 million placement
Arafura Resources eyes $45 million equity raise to support Nolans Project FEED studies
Arafura Resources in trading halt ahead of capital raising announcement
Arafura Resources welcomes NAIF support for potential Nolans senior debt facility
Arafura Resources commits to sustainable supply of rare earths from Nolans Project