News Articles for Arafura Rare Earths

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.

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.

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

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

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

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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

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

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.

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.

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

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.

Innovative shareholder registry management company, Advanced Share Registry is pleased to announce it has signed a binding agreement with Private Company Platform Pty Ltd to acquire a 51% sharehold

SPECIAL REPORT: A pilot plant for WA's second rare earth metals mine is helping broaden the state's resources horizons.

Rare earths explorer Arafura Resources has announced a $5.1 million capital raising to fund ongoing work at its Nolans project in the Northern Territory.

Rare earths company Arafura Resources says it will incur a $27.7 million non-cash impairment charge against its Nolans project in the Northern Territory.

Rare earths company Arafura Resources has progressed negotiations for the formation of a joint venture which will build a separation plant in South Korea.

Arafura Resources has reduced the cost of developing its Nolans rare earths project in the Northern Territory by a further $299 million, with the value of the project now standing at about $1.19 billion.

Northern Minerals managing director George Bauk has been named the new chair of lithium miner Cobre Montana.

Arafura Resources says it has found $500 million in capital expenditure savings at its Nolans rare earths project in the Northern Territory and is working towards trimming costs even further.

FEATURE: Salaries have come under huge pressure during the past year as widespread cost cutting takes its toll on executives' take-home pay.

Minera Gold has restructured its board of directors and cut costs following a comprehensive review of its business.

Arafura Resources has inked an agreement with a China-based rare earths producer with an aim to jointly develop the Nolans rare earths project in the Northern Territory.

Rare earth explorer Arafura Resources has appointed Gavin Lockyer (pictured) as managing director, following the resignation of Chris Tonkin, who remains as a director on the board.

Karara Mining has promoted its chief financial officer Paul Sims to the newly combined role of chief executive officer and CFO.

Arafura Resources has formally cancelled an agreement to purchase an industrial site in Whyalla, South Australia as part of its cost-savings initiatives.

Rare earths miner Arafura Resources has shelved plans to build a chemical processing facility at Whyalla in South Australia, saying relocating the proposed plant to its Nolans Bore project in the N

ASPIRING rare earths miner Arafura Resources is on a renewed push to progress its Nolans project in the Northern Territory and has set a date for mid-next year to decide whether to continue or walk

Lithium producer Galaxy Resources has received Chinese backing for an $81 million capital raising, which it will use to reduce its debts and progress development at the Sal de Vida lithium mine in

Mid-cap exploration companies Rey Resources, Deep Yellow and Arafura Resources have announced capital raisings worth a collective $34 million to fund works at their respective projects.