Arafura Rare Earths, developer of the Nolans rare earths project in Australia’s Northern Territory, has secured about A$80 million (US$54.4 million) via a two-tranche institutional placement at A$0.19 (US$0.13) a share, issuing roughly 421.1 million new shares, and will open a A$5 million (US$3.4 million) share purchase plan (SPP) on 27 August 2025. If the...
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