Arafura Rare Earths - An Australian Mineral Exploration Company Focusing on Rare Earth Elements.
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I would like to introduce some Australian companies that may be of some help to your investments.
The company I'm going to introduce is $Arafura Resources Ltd(ARU.AU)$ .
It went public on 5 Nov 2003, and began trading on Australia’s ASX under the ticker symbol "ARU".
[Company Profile]
Arafura Rare Earths Limited is an Australian mineral exploration company focusing onrare earth elements. It is headquartered inPerth, Western Australiaand was listed on theAustralian Stock Exchange(ARU) in 2003. The company's flagship project is the Nolans Rare Earths Project, located in Australia'sNorthern Territory.
The company had plans to develop extensive processing plant infrastructure at False Bay nearWhyallainSouth Australia, but abandoned these in April 2013 in favour of processing the ore closer to the proposed mine site. Documentation for the processing plant proposal was referred for Federal environmental approval under the EPBC Act, triggering a Controlled Action determination in 2011. Once developed, the Nolans Rare Earth Project will also produceuraniumas a secondary product.
[History & Events]
In 2017: Nolans EIS approvals advances to key next stage
In 2018: Successful operation of Nolans Phase 6 Pilot Plant
In 2019: Nolans Drilling & Met Program Results Update
In 2020: Nolans Mineral Leases granted by NT Government
In 2021: Hatch awarded engineering design contract
In 2022: A$121 Million Share Placement and Launch of SPP
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
37 Capital $37 Capital, Inc.(HHHEF)$
A-Cap Energy $A Cap Energy Ltd.(APCDF)$
Accent Resources $Accent Resources(ACS.AU)$
ActivEX $ActivEX(AIV.AU)$
Adelong Gold $Adelong Gold Limited(ADG.AU)$
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