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How Will Arafura’s A$525M Raise Transform the Nolans Rare Earths Project?
6:01pm on Tuesday 28th of October, 2025 AEDT
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How Will Arafura’s A$525M Raise Transform the Nolans Rare Earths Project?
6:01pm on Tuesday 28th of October, 2025 AEDT
Key Points
Two-tranche institutional placement raising ~A$475 million at A$0.28 per share
Hancock Prospecting commits A$125 million, increasing stake to ~15.7%
Share purchase plan targets additional A$50 million from existing shareholders
Placement fully underwritten except Hancock’s commitment
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