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Arafura Secures A$200M Cornerstone Investment, Advances Nolans Amid Rare Earths Surge
5:22am on Monday 2nd of June, 2025 AEST
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Mining
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Arafura Secures A$200M Cornerstone Investment, Advances Nolans Amid Rare Earths Surge
5:22am on Monday 2nd of June, 2025 AEST
Key Points
A$200 million cornerstone investment from National Reconstruction Fund Corporation
Binding offtake agreement with Traxys Europe securing 66% of NdPr oxide target
Non-binding natural gas supply letter of intent signed with Tamboran Resources
Operational expenditure rationalisation extends financial runway to Q1 2026
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Arafura Rare Earths (ASX:ARU)
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