XASX
ARU
Market cap403mUSD
Jul 09, Last price
0.24AUD
1D
0.00%
1Q
-17.54%
Jan 2017
358.27%
IPO
46.29%
Name
Arafura Rare Earths Ltd
Chart & Performance
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Profile
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.
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