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Last update Dec 16, 3:59 PM AEDT
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Arafura Rare Earths Ltd.
0.21
0.01
4.55%

Overview

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Description

Arafura Rare Earths Ltd. is an Australian mining company specializing in the exploration and development of rare earth mineral resources. Its primary focus is the Nolans Project, located in the Northern Territory, which is set to become a world-class, long-life mining and advanced processing operation. The Nolans Project contains one of the globe's largest undeveloped deposits of rare earth elements, particularly enriched in neodymium and praseodymium (NdPr), which are vital for the production of high-strength permanent magnets used in electric vehicle motors, wind turbines, and various advanced electronics. Arafura Rare Earths aims to establish itself as a leading global supplier of magnet feed rare earths, targeting up to 4% of global supply for these materials. The company’s vertically integrated approach encompasses both mining and on-site separation of rare earth oxides, supporting resilient supply chains for sectors ranging from renewable energy to transportation and consumer electronics. Additionally, Arafura’s operations incorporate social and environmental assessments and benefit from significant government support and industry partnerships, reflecting its strategic role in enabling the global energy transition through responsible resource development.

About

CEO
Mr. Darryl Cuzzubbo B.E., M.B.A., Mast
Employees
0
Address
432 Murray Street
Level 6
Perth, 6000, WA
Australia
Phone
61 8 6370 2800
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Australia
MIC code
XASX
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