Arafura Rare Earths Ltd (ASX: ARU) Share Price and News
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Arafura Rare Earths Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
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Arafura Rare Earths Ltd (ASX: ARU)
Latest News
Share Fallers
Why Arafura, Block, Sayona Mining, and Syrah Resources shares are sinking today
Share Market News
Why is the Arafura share price crashing 13% today?
Materials Shares
Why are Arafura shares frozen on Wednesday?
Share Gainers
Why Arafura, Dropsuite, Spartan Resources, and Universal Store shares are pushing higher
Materials Shares
Arafura share price charging higher on $1.5 billion debt funding
Share Gainers
Why Arafura Rare Earths, Magellan, Metro Mining, and Santos shares are racing higher
Resources Shares
Why did the Arafura share price just leap more than 11%?
Share Gainers
Why Arafura Rare Earths, Ora Banda, Superloop, and Whitehaven Coal shares are rising today
Share Fallers
Why Arafura Rare Earths, Bigtincan, Evolution Mining, and Galileo Mining shares are dropping
Materials Shares
Why is the Arafura share price surging 11% today?
Share Market News
Why Arafura, Pentanet, Sigma, and Webjet shares are falling today
Share Fallers
Why Amcor, Arafura, Brainchip, and South32 shares are tumbling today
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 |
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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 |
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20 Nov 2024 | $0.13 | $-0.01 | -7.41% | 1,175,695 | $0.14 | $0.14 | $0.13 |
19 Nov 2024 | $0.14 | $0.01 | 7.69% | 3,660,605 | $0.14 | $0.14 | $0.13 |
18 Nov 2024 | $0.13 | $0.00 | 0.00% | 4,314,648 | $0.13 | $0.14 | $0.13 |
15 Nov 2024 | $0.13 | $0.00 | 0.00% | 3,150,099 | $0.13 | $0.14 | $0.13 |
14 Nov 2024 | $0.13 | $0.00 | 0.00% | 9,165,601 | $0.13 | $0.14 | $0.13 |
13 Nov 2024 | $0.13 | $-0.01 | -7.41% | 7,135,671 | $0.14 | $0.14 | $0.13 |
12 Nov 2024 | $0.14 | $-0.01 | -7.14% | 2,088,264 | $0.14 | $0.14 | $0.14 |
11 Nov 2024 | $0.14 | $0.01 | 7.41% | 2,097,640 | $0.14 | $0.14 | $0.14 |
08 Nov 2024 | $0.14 | $-0.01 | -7.14% | 4,175,270 | $0.14 | $0.15 | $0.14 |
07 Nov 2024 | $0.14 | $0.00 | 0.00% | 4,276,723 | $0.14 | $0.14 | $0.14 |
06 Nov 2024 | $0.14 | $0.00 | 0.00% | 4,353,600 | $0.15 | $0.15 | $0.14 |
05 Nov 2024 | $0.15 | $0.00 | 0.00% | 1,881,923 | $0.15 | $0.15 | $0.15 |
04 Nov 2024 | $0.15 | $-0.01 | -6.45% | 3,983,914 | $0.16 | $0.16 | $0.15 |
01 Nov 2024 | $0.16 | $0.01 | 6.67% | 2,359,793 | $0.15 | $0.16 | $0.15 |
31 Oct 2024 | $0.15 | $0.01 | 6.90% | 3,845,112 | $0.15 | $0.15 | $0.15 |
30 Oct 2024 | $0.15 | $-0.01 | -6.67% | 6,923,188 | $0.16 | $0.16 | $0.15 |
29 Oct 2024 | $0.15 | $-0.01 | -6.45% | 6,172,197 | $0.16 | $0.16 | $0.15 |
28 Oct 2024 | $0.16 | $0.00 | 0.00% | 1,201,050 | $0.16 | $0.16 | $0.16 |
25 Oct 2024 | $0.16 | $-0.01 | -6.25% | 1,865,829 | $0.16 | $0.16 | $0.16 |
24 Oct 2024 | $0.16 | $0.00 | 0.00% | 4,383,201 | $0.16 | $0.16 | $0.16 |
23 Oct 2024 | $0.16 | $-0.01 | -6.06% | 3,642,610 | $0.16 | $0.17 | $0.16 |
22 Oct 2024 | $0.17 | $0.01 | 6.25% | 1,495,786 | $0.16 | $0.17 | $0.16 |
Director Transactions Data provided by Morningstar.
Date | Director | Type | Amount | Value | Notes |
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11 Sep 2024 | Mark Southey | Buy | 125,000 | $20,000 |
Participation in share purchase plan.
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11 Sep 2024 | Michael Spreadborough | Buy | 187,500 | $30,000 |
Participation in share purchase plan.
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11 Sep 2024 | Darryl Cuzzubbo | Buy | 187,500 | $30,000 |
Participation in share purchase plan.
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30 Jul 2024 | Roger Higgins | Buy | 500,000 | $85,000 |
On-market trade.
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26 Jul 2024 | Christopher (Chris) Tonkin | Transfer | 463,185 | $78,741 |
Off-market transfer. Assuming off market transfer of shares
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26 Jul 2024 | Christopher (Chris) Tonkin | Transfer | 463,185 | $78,741 |
Off-market transfer. Assuming off market transfer of shares
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17 Jun 2024 | Michael Spreadborough | Buy | 610,000 | $100,537 |
On-market trade.
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18 Mar 2024 | Mark Southey | Buy | 100,000 | $21,000 |
On-market trade.
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25 Jan 2024 | Mark Southey | Buy | 187,500 | $30,000 |
Participation in share purchase plan.
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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 | Christopher (Chris) Tonkin | Transfer | 447,560 | $58,182 |
Off-market transfer. Assuming off market transfer of shares
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25 Jan 2024 | Christopher (Chris) Tonkin | Transfer | 447,560 | $58,182 |
Off-market transfer. Assuming off market transfer of shares
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Directors & Management Data provided by Morningstar.
Name | Title | Start Date | Profile |
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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 major capital project development and execution. He is versed in public company board and institutional investor engagement and has a background in senior operational and financial roles. Mr Southey has previously held senior executive positions with Honeywell and ABB both in Australia and internationally and was a member of the global executive leadership team within Worley, a leader in the engineering, procurement and construction of projects in the energy and resources sector where he held the position of Group Managing Director for the Minerals, Metals and Chemicals Sector. Mr Southey is also an advisory board member for Gas Cleaning Technologies LLC (Dallas). He is Member of the Risk Management Committee and Sustainability Committee.
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Mr Ian Louis Murray | Non-Executive Director | Sep 2024 |
Mr Murray brings more than 30 years of experience in financial, corporate, project development, mergers and acquisitions, and operational experience across Australia, Africa, Asia Pacific and North America. Mr Murray was most recently CEO and Managing Director of Gold Road as it transitioned from small market capitalisation explorer to large scale plus billion-dollar gold producer. Today he is a non-executive director with Black Rock Mining Limited and Miners Promise Limited (not-for-profit organisation) and is non-executive chair of Jupiter Mines Limited.
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Mr Michael John Spreadborough | Non-Executive Director | Apr 2024 |
Mr Spreadborough has a mining engineering background with more than 30 years of experience in mining lead, zinc, uranium, copper, gold and iron ore. He has held roles across the scope of the industry from business and project development to operations and exploration. He held positions as the General Manager - Mining for WMC and Vice President - Mining for BHP Billiton at the Olympic Dam Mine in South Australia, General Manager - Coastal Operations for Rio Tinto, responsible for port operations and Pannawonica mine site, Chief Operating Officer for Inova Resources Ltd (formerly Ivanhoe Australia) and Sandfire Resources. Other current Directorships - Executive Co-Chairman of Novo Resources. Former Directorships in the last 3 years include Managing Director & CEO of Nusantara Resources; Non-Executive Director of CleanTeQ Holdings. He is Member of the Risk Management Committee.
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Dr Roger John Higgins | Non-Executive Director | Apr 2024 |
Dr Higgins has over 50 years of experience in areas of engineering, project management, mineral and water resources and environmental management. He has lived and worked in the resources industries in Australia, Chile, Canada, Papua New Guinea and the USA, and has worked on operations and projects and several additional country locations. Dr Higgins has held senior management and executive positions including Senior Vice President Copper with Teck, VP and COO Australia with BHP Base Metals and Managing Director at Ok Tedi Mining. He is a member of Advisory Boards at the University of Queensland and the University of Adelaide, and an Adjunct Professor with the Sustainable Minerals Institute at the University of Queensland. Other current Directorships include Worley; Hillgrove Resources. Former Directorships in the last 3 years - Newcrest; Ok Tedi Mining; Demetallica; Minotaur Exploration. He is Chairman of the Risk Management Committee and Member of the Sustainability Committee.
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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 (now Merrill Lynch), County Securities (now Citigroup) and Evans and Partners where she was a partner of that firm. More recently in 2017-2019, Cathy was Head of Research at Patersons Securities Limited. Ms Moises brings experience to Arafura in company management, capital markets and institutional investor engagement. Her key areas of industry experience include gold, base metals, mineral sands and the rare earths sector. Other current Directorships include Pacgold Limited - Chairman; WA Kaolin Limited - Non-Executive Director; Australian Potash Limited - Non-Executive Director; Podium Minerals Ltd - Non-Executive Director. Former Directorships in the last 3 years include Pearl Gull Limited - Non-Executive Director. She is chairman of the Sustainability Committee.
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Mr Darryl Cuzzubbo | Chief Executive OfficerManaging Director | Feb 2024 |
Mr Cuzzubbo has over 30 years' experience in global roles in multicommodity resources, services and manufacturing holding Senior Executive and Executive Director roles. He brings knowledge and experience in the resources and manufacturing sectors having run operational assets and has led the development and execution of a range of projects. Darryl previously served as Chief Manufacturing and Supply Officer as well as Group Executive and President of Auspac Asia while at Orica Pty Ltd. He held senior positions during his 24-year career with BHP, including 3 years as President of Olympic Dam with responsibility for operations, expansion projects and organisation wide transformational change programs. He has international perspective, having experience in running operations across over 30 countries. Former Directorships in the last 3 years- Managing Director SolGold.
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Ms Catherine Huynh | Company Secretary | Apr 2020 |
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Peter Sherrington | Chief Financial Officer |
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Stuart Macnaughton | Chief Operating Office |
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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 | 353,351,343 | 14.73% |
BNP Paribas Nominees Pty Ltd Acf Clearstream | 159,294,115 | 6.64% |
Citicorp Nominees Pty Limited i | 103,387,287 | 4.31% |
J P Morgan Nominees Australia Pty Limited | 69,883,141 | 2.91% |
BNP Paribas Nominees Pty Ltd i | 40,205,641 | 1.68% |
BNP Paribas Noms Pty Ltd Uob Kh Pl Ac | 26,608,333 | 1.11% |
BNP Paribas Noms Pty Ltd | 25,576,531 | 1.07% |
Mr Kenneth Joseph Hall | 16,187,500 | 0.67% |
National Nominees Limited | 13,393,776 | 0.56% |
Ms Danielle Sharon Tudehope | 11,000,000 | 0.46% |
Finclear Services Pty Ltd | 10,986,539 | 0.46% |
Hinton Ripley Holdings Pty Ltd | 8,230,630 | 0.34% |
HSBC Custody Nominees (Australia) Limited A/C 2 | 8,206,883 | 0.34% |
Hinton Family Holdings Pty Ltd | 6,278,420 | 0.26% |
Mr Kenneth Wong | 6,000,000 | 0.25% |
Bnp Paribas Nominees Pty Ltd ii | 5,834,601 | 0.24% |
Citicorp Nominees Pty Limited ii | 5,755,432 | 0.24% |
Birch Pct Pty Ltd | 5,555,112 | 0.23% |
Mr David John Harrison | 5,400,000 | 0.23% |
Lachesis Health Pty Ltd | 4,844,809 | 0.20% |