Arafura Resources (ASX: ARU) Share Price and News
Price
$0.255
Movement
0.005 (+2.0%)
As at 7 Nov - Closed (20 mins delayed)
52 Week Range
$0.105 - $0.62
1 Year Return
+82.14%
Arafura Resources Chart and Price Data
Fundamentals Data provided by Morningstar.
Share Price
$0.255
Day Change
0.005 (+2.0%)
52 Week Range
$0.105 - $0.62
Yesterday's Close
$0.25
Today's Open
$0.255
Days Range
$0.25 - $0.265
Volume
36,451,715
Avg. Volume (1 month)
75,284,944
Turnover
$9,341,686
As at 7 Nov - Closed
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.
About Arafura Resources
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.