News Articles

Energy 11 Apr 2023

Arafura inks deal with Siemens Gamesa

Arafura Rare Earths has signed with global wind turbine manufacturer Siemens Gamesa to supply at least 200 tonnes of minerals a year from its Nolans project.

Bulls N' Bears 06 Dec 2022

White Cliff closes in on rare earths after WA survey

White Cliff Minerals has polished off a high-resolution magnetic and radiometric survey at its Yinnetharra lithium and rare earths project about 100km northeast of Gascoyne Junction in WA. The operation is within earshot of several high-profile plays including Hastings Technology Metals' world-class Yangibana rare earths acreage and Arrow Minerals' emerging Reid Well prospect where rock chip sampling returned grades of up to 3.77 per cent lithium oxide.

Mining 05 Dec 2022

Hancock backs Arafura for $60m

Hancock Prospecting will take up a 10 per cent stake in Arafura Rare Earths via the ASX lister's latest capital raising and another show of diversity for the Rinehart investment wheelhouse.

Appointments 01 Dec 2022

Board Moves December 1, 2022

Our board moves wrap includes Lewis Lowe, Matthew Foy, Catherine Huynh, Peter Hatfull, James Ellingford, Allan Trench, Jason Elks, Paul Brown, Lindsay Dudfield, Jessamyn Lyons, Carly Terzanidis, Patricia Farr, Ron Chamberlain, Joseph Belladonna, Henry Kennedy, Ernest Myers, and Jacopo Merli.

Podcasts 11 Nov 2022

At Close of Business 11 November 2022

Matt Mckenzie and Jordan Murray debate the extent to which local and state governments should be spending public money to attract arts, sports and technology businesses.

Mining 11 Nov 2022

Arafura project costs hit $1.6bn

Arafura Rare Earths says its Nolans project has the capacity to deliver strong financial returns after releasing a study with higher costs but increased revenue.

Deals 07 Nov 2022

Arafura signs with Hyundai, Kia

Arafura Rare Earths has negotiated a seven-year offtake deal with Hyundai and Kia Corporation to supply rare earth oxide from its Northern Territory project by as early as 2025.

Mining 05 Aug 2022

Arafura raises $41m for rare earths

Budding rare earths producer Arafura Resources has successfully tapped new and existing investors for $41.5 million for the Nolans project after shares were offered at a generous discount.

Deals 19 May 2022

Arafura lines up Hyundai rare earths deal

Arafura Resources shares are trading higher on the back of a new potential seven-year offtake deal with South Korean-based automotive business Hyundai.

Mining 04 May 2022

Critical minerals charge amid energy shift

Critical minerals, downstream processing and government support are the key trends in the state's mining project pipeline.

Mining 28 Apr 2022

$US510m debt raise for rare earths

Arafura Resources has selected NAB and Societe Generale to lead a $US510 million debt raise for its Nolans rare earth project.

Mining 04 Apr 2022

Iluka commits to $1.2bn rare earths refinery

Iluka Resources plans to proceed with construction of Australia's first fully-integrated rare earths refinery at Eneabba, with the federal government to provide most of the funding.

Mining 16 Mar 2022

Is this prudent use of taxpayers’ money?

ANALYSIS: The $243 million critical minerals package announced today adds to a seemingly neverending flow of federal government grants and cheap loans for commercial projects.

Mining 16 Mar 2022

$243m tipped into critical minerals

Western Australian companies have won the lion's share of a $243 million critical minerals funding initiative from the federal government hoped to bolster domestic manufacturing.

Bulls N' Bears 01 Feb 2022

Torian unearths new WA rare earths discovery

Torian Resources has landed a grab bag of significant rare earths hits at its new Yttria prospect at the company's Mt Stirling project in the eastern goldfields of WA. The rare earth elements uncovered include hard to find “heavy” rare earths such as dysprosium and also include terbium, europium, neodymium and yttrium with anomalous cobalt, scandium, nickel, chromium, palladium and platinum added to mix.

Appointments 01 Nov 2021

Board Moves November 1, 2021

Our board moves wrap includes Darryl Cuzzubbo, Peter Sherrington, Stephen Dennis, Jeremy King, Kim Truter, Jack Hamilton, Andrew Harris, Priyank Thapliyal, Peter North, Scott Winter, Emma Scotney, Suzie Foreman, Jessamyn Lyons, Simon Jackson, Yasmin Broughton, Tony Swiericzuk, Peter Thomas, Rebecca Morgan, Mick McMahon, Ian Trahar, Ian Brannan, and Harley Whitcombe.

Mining 24 Jun 2021

Arafura raises $45m for rare earth project

Arafura Resources is moving closer toward rare earth production, having secured funds to begin design and engineering works for its Nolans project in the Northern Territory.

Deals 11 Jun 2020

Explorers to raise $42m

Piedmont Lithium has launched a $29 million capital raising to advance its namesake project in the US, while Arafura Resources and Vimy Resources are raising funds to develop rare earth and uranium projects in Western Australia and the Northern Territory.

Mining 23 Jan 2020

Arafura finds project management partner for Nolans

Arafura Resources has appointed engineering and construction group KBR to manage development of its Nolans rare earths project in the Northern Territory.

Appointments 02 Dec 2019

Board Moves December 2, 2019

Our board moves wrap includes Mark Syropoulo, Cathy Moises, Kate Stoney, Bradley Marwood, Peter Bewick, Henko Vos, Abby Siew, Grant Mooney, Les Davis, Doron Nevo, Michael Soucik, Dan Smith, Swee Chen Goh, Osagie Imasogie, Lisa Gray, Oludare Odumosu, Harry Karelis, Mara Gordon, and Stewart Washer.

Mining 16 Jul 2019

Arafura raising falls short of target

Arafura Resources' rights issue has only raised only around a third of its $23.2 million target, with underwriter Patersons Securities set to be issued with $7.9 million worth of shares.

Deals 24 Jun 2019

Corporate finance deals Jun 17 to 21 2019

Eagle Mountain Mining has completed an entitlement offer raising $1.7 million.

Appointments 14 Feb 2019

Board Moves February 14, 2019

Deborah Ho has replaced Brett Tucker as company secretary of Accelerate Resources.

Mining 07 Feb 2019

Arafura study points to rare earths production boost

Perth-based Arafura Resources' definitive feasibility study for its flagship Nolans rare earths project in the Northern Territory has revealed higher production and lower capital costs than previously anticipated.

Mining 12 Nov 2018

Junior miners to raise $5m

Two local junior explorers have announced capital raisings, with Arafura Resources to launch a $3 million share purchase plan and Encounter Resources receiving a $1.8 million investment from Peter Bradford-led Independence Group.

Deals 17 Sep 2018

Corporate finance deals Sep 10 to 14, 2018

Advanced Braking Technology is pleased to announce the completion of its non-renounceable Retail Entitlement Offer.

Mining 28 Jun 2018

Strandline, Arafura appoint DFS consultants

Mineral sands-aspirant Strandline Resources has appointed GR Engineering Services to lead a definitive feasibility study at its Coburn project, while Arafura Resources has signed on Mining Plus and a number of other consultants for a study at the Nolan project.