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Arafura Raises A$175.5 Million in Placement Tranche One

10:09am on Friday 29th of May, 2026 AEST Mining
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Arafura Raises A$175.5 Million in Placement Tranche One

10:09am on Friday 29th of May, 2026 AEST
Key Points
  • First tranche placement raises A$175.5 million
  • 675.1 million new shares issued to institutional investors
  • Second tranche of 671 million shares pending shareholder approval
  • Placement supports funding for Nolans Rare Earths Project
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