Arafura Rare Earths Limited (ARAFF) Research
Arafura Rare Earths Limited is an Australian company dedicated to the exploration and development of mineral deposits across the continent. Its primary focus is on producing essential rare earth elements, specifically neodymium-praseodymium (NdPr) and various mixed middle-to-heavy rare earth oxides. The company's key asset is the Nolans project, an extensive deposit located in Australia's Northern Territory, rich in rare earths, phosphate, uranium, and thorium, from which it extracts neodymium and praseodymium. Beyond resource development, Arafura also undertakes evaluations related to mining operations, associated infrastructure, and the social and environmental feasibility of its projects. Established in 1997 and headquartered in Perth, Australia, the company was formerly known as Arafura Resources Limited before rebranding to Arafura Rare Earths Limited in October 2022.
Market snapshot
- Symbol
- ARAFF
- Price
- $0.18
- Day change
- -5.26%
- Market cap
- $630.0M
- P/E ratio
- -61.89x
- 52-week range
- 0.1-0.37
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Next earnings
- in 2 months
Recent news
- Arafura Rare Earths plans $250 million share sale backed by Australia's richest person
Australia's Arafura Rare Earths said on Friday it plans to raise about A$350 million ($250 million) in a share placement backed by Gina Rinehart's Hancock Prospecting, to help fund development of its Nolans project.
Peer companies
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