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.

Data provided by Morningstar.
Market Cap $357.33 million
P/E Ratio N/A
Dividend Yield 0.00%
Shares Outstanding 2.46 billion
Earnings per share -0.046
Dividend per share N/A
Year To Date Return -9.09%
Earnings Yield N/A
Franking -
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as at 24 Feb 3:44pm

  • Arafura Rare Earths Ltd (ASX: ARU)
    Latest News

    Man presses green buy button and red sell button on a graph.
    Materials Shares

    Insider buy alert: Arafura chair snaps up 100,000 beaten-up shares!

    Is insider buying good news for this stock?

    Read more »

    A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
    Share Fallers

    Why Arafura Rare Earths, Core Lithium, Goodman, and Superloop shares are falling today

    These ASX shares are starting the week in the red. But why?

    Read more »

    Man with rocket wings which have flames coming out of them.
    Materials Shares

    Arafura shares rocket 60% on return to trading after major funding news

    The Federal Government is giving the ASX rare earths developer a multi-million dollar support package.

    Read more »

    A man clenches his fists in excitement as gold coins fall from the sky.
    Share Gainers

    Why Arafura, Bubs, Clinuvel, and Superloop shares are racing higher today

    Why are investors getting excited about these shares today?

    Read more »

    A young woman with her mouth open and her hands out showing surprise and delight as uranium share prices skyrocket
    Share Market News

    Arafura share price halted ahead of blockbuster funding news

    This rare earths developer could be about to sign a game-changing funding package.

    Read more »

    Miner looking at a tablet.
    Materials Shares

    How has the Arafura share price gained 13% today?

    Investors are reacting well to a big announcement yesterday evening.

    Read more »

    A man looks nervous as he inflates a balloon, scared it might pop.
    Materials Shares

    Arafura share price resets 52-week low after quarterly update

    The rare earths explorer also announced the results of its share purchase plan today.

    Read more »

    A man in suit and tie is smug about his suitcase bursting with cash.
    Small Cap Shares

    Bell Potter is tipping huge returns from these small cap ASX shares

    Big things could come from these small caps in 2024.

    Read more »

    A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.
    Share Fallers

    Why Arafura, Metcash, Orora, and QBE shares are falling today

    Not all shares are rising with the market on Thursday.

    Read more »

    A man sitting at a computer is blown away by what he's seeing on the screen, hair and tie whooshing back as he screams argh in panic.
    Materials Shares

    Why is the Arafura share price sinking 17% today?

    It has been a tough session for this rare earths stock. But why?

    Read more »

    A person holds a stop sign in front of their head
    Materials Shares

    Why is the Arafura share price in a trading halt?

    This rare earths company's shares started strongly before being put in a trading halt.

    Read more »

    a man with a wide, eager smile on his face holds up three fingers.
    Small Cap Shares

    3 small-cap ASX shares to buy in December

    These small caps have been given the thumbs up by analysts.

    Read more »

    Frequently Asked Questions

    No, Arafura Resources does not pay dividends at this time.

    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile 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.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    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
    21 Oct 2024 $0.16 $0.00 0.00% 6,220,805 $0.16 $0.17 $0.16
    18 Oct 2024 $0.16 $-0.01 -6.06% 3,725,232 $0.17 $0.17 $0.16
    17 Oct 2024 $0.17 $-0.01 -5.88% 3,169,125 $0.17 $0.17 $0.17
    16 Oct 2024 $0.17 $0.00 0.00% 1,626,336 $0.17 $0.17 $0.17
    15 Oct 2024 $0.17 $0.00 0.00% 1,549,770 $0.17 $0.18 $0.17
    14 Oct 2024 $0.18 $-0.01 -5.56% 2,141,396 $0.18 $0.18 $0.17
    11 Oct 2024 $0.18 $0.00 0.00% 2,009,579 $0.18 $0.18 $0.18
    10 Oct 2024 $0.18 $0.02 12.12% 2,513,160 $0.17 $0.18 $0.17
    09 Oct 2024 $0.17 $-0.01 -5.71% 3,030,426 $0.18 $0.18 $0.17
    08 Oct 2024 $0.18 $-0.01 -5.41% 3,696,026 $0.19 $0.19 $0.17

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    11 Sep 2024 Mark Southey Buy 125,000 $20,000
    Participation in share purchase plan.
    11 Sep 2024 Michael Spreadborough Buy 187,500 $30,000
    Participation in share purchase plan.
    11 Sep 2024 Darryl Cuzzubbo Buy 187,500 $30,000
    Participation in share purchase plan.
    30 Jul 2024 Roger Higgins Buy 500,000 $85,000
    On-market trade.
    26 Jul 2024 Christopher (Chris) Tonkin Transfer 463,185 $78,741
    Off-market transfer. Assuming off market transfer of shares
    26 Jul 2024 Christopher (Chris) Tonkin Transfer 463,185 $78,741
    Off-market transfer. Assuming off market transfer of shares
    17 Jun 2024 Michael Spreadborough Buy 610,000 $100,537
    On-market trade.
    18 Mar 2024 Mark Southey Buy 100,000 $21,000
    On-market trade.
    25 Jan 2024 Mark Southey Buy 187,500 $30,000
    Participation in share purchase plan.
    25 Jan 2024 Gavin Lockyer Buy 187,500 $30,000
    Participation in share purchase plan.
    25 Jan 2024 Christopher (Chris) Tonkin Transfer 447,560 $58,182
    Off-market transfer. Assuming off market transfer of shares
    25 Jan 2024 Christopher (Chris) Tonkin Transfer 447,560 $58,182
    Off-market transfer. Assuming off market transfer of shares
    25 Jan 2024 Christopher (Chris) Tonkin Buy 15,625 $2,500
    Participation in share purchase plan.

    Directors & Management Data provided by Morningstar.

    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 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.
    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.
    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.
    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.
    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.
    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.
    Ms Catherine Huynh Company Secretary Apr 2020
    -
    Peter Sherrington Chief Financial Officer
    -
    Stuart Macnaughton Chief Operating Office
    -
    Catherine Huynh Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    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%

    Profile

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