Arafura Rare Earths Ltd (ASX: ARU) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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1 Year Return
Arafura Rare Earths Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$438.96 million
P/E Ratio
N/A
Dividend Yield
0.00%
Shares Outstanding
2.31 billion
Earnings per share
-0.066
Dividend per share
N/A
Year To Date Return
15.15%
Earnings Yield
N/A
Franking
-
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Arafura Rare Earths Ltd (ASX: ARU)
Latest News
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Broker Notes
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Frequently Asked Questions
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No, Arafura Resources does not pay dividends at this time.
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Arafura Rare Earths Ltd listed on the ASX on 5 November 2003.
ARU ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Arafura Rare Earths Ltd
Arafura Rare Earths Ltd (ASX: ARU) is a minerals explorer and developer. Its flagship development is the Nolans Rare Earths project in the Northern Territory. The company is targeting neodymium-praseodymium oxide as well as mixed middle-heavy rare earth oxide products. The former is used in manufacturing advanced magnets and has a wide range of commercial applications.
The Nolans project is at construction stage with a forecast mine life of 38 years. Arafura already has binding offtake agreements with Hyundai and Kia, and Siemens Gamesa Renewable Energy. The company also has exploration licences for two other sites outside Alice Springs. One, Bonya, is a 60% joint venture with Thor Mining PLC.
ARU Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 24 Apr 2024 | $0.19 | $0.01 | 5.41% | 2,662,642 | $0.19 | $0.20 | $0.19 |
| 23 Apr 2024 | $0.19 | $0.00 | 0.00% | 3,689,367 | $0.19 | $0.19 | $0.18 |
| 22 Apr 2024 | $0.19 | $0.00 | 0.00% | 4,165,941 | $0.19 | $0.19 | $0.18 |
| 19 Apr 2024 | $0.19 | $-0.01 | -5.26% | 4,580,687 | $0.19 | $0.19 | $0.18 |
| 18 Apr 2024 | $0.19 | $0.00 | 0.00% | 2,367,423 | $0.20 | $0.20 | $0.19 |
| 17 Apr 2024 | $0.19 | $0.01 | 5.41% | 3,419,216 | $0.19 | $0.19 | $0.19 |
| 16 Apr 2024 | $0.19 | $-0.01 | -5.26% | 6,276,841 | $0.19 | $0.19 | $0.18 |
| 15 Apr 2024 | $0.19 | $-0.01 | -5.13% | 3,601,616 | $0.19 | $0.20 | $0.19 |
| 12 Apr 2024 | $0.20 | $-0.01 | -5.00% | 6,000,560 | $0.21 | $0.21 | $0.19 |
| 11 Apr 2024 | $0.20 | $0.01 | 5.13% | 3,639,239 | $0.20 | $0.21 | $0.20 |
| 10 Apr 2024 | $0.20 | $0.00 | 0.00% | 9,892,003 | $0.20 | $0.21 | $0.20 |
| 09 Apr 2024 | $0.20 | $0.01 | 5.41% | 4,718,252 | $0.19 | $0.20 | $0.18 |
| 08 Apr 2024 | $0.19 | $-0.01 | -5.26% | 7,461,803 | $0.20 | $0.20 | $0.19 |
| 05 Apr 2024 | $0.19 | $-0.01 | -5.13% | 3,080,083 | $0.19 | $0.20 | $0.19 |
| 04 Apr 2024 | $0.20 | $-0.01 | -5.00% | 7,261,403 | $0.20 | $0.21 | $0.19 |
| 03 Apr 2024 | $0.20 | $0.00 | 0.00% | 2,829,301 | $0.21 | $0.21 | $0.20 |
| 02 Apr 2024 | $0.21 | $0.00 | 0.00% | 6,607,085 | $0.21 | $0.21 | $0.20 |
| 28 Mar 2024 | $0.21 | $0.00 | 0.00% | 3,361,531 | $0.20 | $0.21 | $0.20 |
| 27 Mar 2024 | $0.21 | $0.01 | 5.13% | 6,753,461 | $0.20 | $0.21 | $0.20 |
| 26 Mar 2024 | $0.20 | $0.00 | 0.00% | 1,360,116 | $0.20 | $0.20 | $0.20 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 18 Mar 2024 | Mark Southey | Buy | 100,000 | $21,000 |
On-market trade.
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| 25 Jan 2024 | Gavin Lockyer | Buy | 187,500 | $30,000 |
Participation in share purchase plan.
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| 25 Jan 2024 | Christopher (Chris) Tonkin | Buy | 15,625 | $2,500 |
Participation in share purchase plan.
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| 25 Jan 2024 | Mark Southey | Buy | 187,500 | $30,000 |
Participation in share purchase plan.
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Mark Southey | Non-Executive DirectorNon-Executive Chairman | Jan 2018 |
Mr Southey has global experience in the industrial and natural resources sectors covering all aspects of asset management, maintenance, design and engineering, and capital project development and execution.
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| Mr Christopher (Chris) Stephen Tonkin | Non-Executive Director | Jan 2011 |
Mr Tonkin has over 40 years' experience as a senior business executive with a multiple industry background in resources, telecommunications and banking and finance covering project finance, business generation, management, technical and strategy development roles. Chris was Head of Natural Resources Project Finance at ANZ.
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| Mr Michael John Spreadborough | Non-Executive Director | Apr 2024 |
Mr Spreadborough is a senior corporate mining executive with more 30 years of leadership experience in the mining and resources industry, including at Rio Tinto, WMC (Olympic Dam), Sandfire Resources and MetalsX. He has worked across the entire value chain, from exploration through to port operations, and has held senior executive roles at operational, corporate and board level.
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| Dr Roger John Higgins | Non-Executive Director | Apr 2024 |
Dr Higgins brings more than 50 years of global experience in the resources industry. Dr Higgins has held senior executive roles with BHP and Teck. He is currently a non-executive director of Worley and Hillgrove Resources, and previously of Newcrest, Ok Tedi Mining and Demetallica. He also holds the position of Adjunct Professor at the Sustainable Minerals Institute at the University of Queensland, and is a member of advisory boards at both the University of Queensland and the University of Adelaide.
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| Ms Catherine (Cathy) Mary Moises | Non-Executive Director | Dec 2019 |
Ms Moises has experience in the resources sector having worked as a senior resources analyst for several stockbroking firms including McIntosh, County Securities and Evans and Partners where she was a partner of that firm. She also has experience in company management, capital markets and institutional investor engagement.
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| Mr Darryl Cuzzubbo | Chief Executive OfficerManaging Director | Feb 2024 |
Mr Cuzzubbo has 30 years of experience across senior executive and executive directorial roles in multi-commodity, services and manufacturing businesses. During this time, including 24 years with BHP.
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| Ms Catherine Huynh | Company Secretary | Apr 2020 |
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| Catherine Huynh | Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 350,554,806 | 16.59% |
| BNP Paribas Nominees Pty Ltd Acf Clearstream | 144,107,709 | 6.82% |
| Citicorp Nominees Pty Limited | 92,000,790 | 4.35% |
| J P Morgan Nominees Australia Pty Limited | 89,684,856 | 4.24% |
| BNP Paribas Noms Pty Ltd | 44,373,601 | 2.10% |
| BNP Paribas Nominees Pty Ltd | 27,506,449 | 1.30% |
| BNP Paribas Noms Pty Ltd Uob Kh Pl Ac | 22,286,500 | 1.05% |
| National Nominees Limited | 12,008,219 | 0.57% |
| Ms Danielle Sharon Tudehope | 11,000,000 | 0.52% |
| HSBC Custody Nominees (Australia) Limited-Gsi Eda | 6,820,000 | 0.32% |
| Superhero Securities Limited | 6,795,850 | 0.32% |
| Hinton Family Holdings Pty Ltd | 6,278,420 | 0.30% |
| Mr David John Harrison | 5,460,000 | 0.26% |
| Birch Pct Pty Ltd | 5,015,112 | 0.24% |
| Mrs Linda Carolyn Headland & Mr Barry Wesley Headland | 5,000,000 | 0.24% |
| Mr Kenneth Wong | 5,000,000 | 0.24% |
| Citicorp Nominees Pty Limited (ii) | 4,576,536 | 0.22% |
| Mr Kenneth Joseph Hall | 4,500,000 | 0.21% |
| Mr Gavin John Lockyer & Mrs Toni Louise Lockyer | 4,160,000 | 0.20% |
| Mr Nicolas Anthony Stott | 4,000,000 | 0.19% |
