Arafura Rare Earths Limited (ARAFF)
Arafura Rare Earths Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.16, up 3.86% on the session, giving a market capitalisation of $995.6M. On trailing twelve-month figures it carries a trailing P/E of -52.38, a net margin of 0.0%. Its beta of 1.33 implies it has historically moved more than the broad market.
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.
Arafura Rare Earths Limited is most often compared with the following Basic Materials names: