Arafura Rare Earths Limited (ARU.AX)
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 $0.21, down 2.27% on the session, giving a market capitalisation of $1.31B. Its beta of 1.22 implies it has historically moved more than the broad market.
Headquartered in Perth, Australia, Arafura Rare Earths Limited is engaged in the exploration and development of mineral properties across the Australian continent. The company's core business centers on the output of rare earth products, particularly neodymium-praseodymium and mixed middle-heavy rare earth oxides. Its principal asset is the Nolans project, a significant rare earths-phosphate-uranium-thorium deposit located in Australia's Northern Territory, which provides its key neodymium and praseodymium offerings. In addition to its primary operations, the firm also handles mining activities, associated infrastructure development, and comprehensive social and environmental feasibility studies. Founded in 1997, the company changed its name from Arafura Resources Limited to Arafura Rare Earths Limited in October 2022.
Arafura Rare Earths Limited is most often compared with the following Basic Materials names: