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Arafura Raises A$175.5 Million in Placement Tranche One
10:09am on Friday 29th of May, 2026 AEST
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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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Arafura Rare Earths (ASX:ARU)
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