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Australian Rare Earths Receives AU$1 Million Installment From Government's Critical Minerals Grant; Shares Rise 5%

MT Newswires Live2025-08-11

Australian Rare Earths (ASX:AR3) received a AU$1 million progress payment from the Australian government under a AU$5 million International Partnerships in Critical Minerals Program grant, and will receive a further AU$3.3 million next year, according to a Monday filing with the Australian bourse.

Shares of the company rose nearly 5% in recent Monday trade.

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