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

    a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.
    Share Fallers

    Why Ampol, Arafura, GQG, and Retail Food shares are dropping today

    These ASX shares are ending the week in the red...

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    A young woman lifts her red glasses with one hand as she takes a closer look at news about interest rates rising and one expert's surprising recommendation as to which ASX shares to buy
    Materials Shares

    Arafura share price plummets. Broker tips 28% upside

    This mining shares could have plenty of upside according to one broker...

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    A couple are shocked and elated at the good news they've just seen on their devices.
    Materials Shares

    Why is the Arafura share price storming 7% higher?

    This rare earths share is making investors smile on Wednesday...

    Read more »

    A miner reacts to a positive company report mobile phone representing rising iron ore price
    Materials Shares

    Why did the Arafura share price charge 10% higher on Tuesday?

    What was behind this rare earths rocketship on Tuesday?

    Read more »

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    Small Cap Shares

    Top ASX small-cap shares to buy in 2023

    Sometimes you have to go deep to catch the next big fish.

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    Man with rocket wings which have flames coming out of them.
    Share Gainers

    Why has ASX 300 rare earths stock Arafura rocketed 40% in 2023?

    The last six weeks have been good to those invested in the rare earths favourite.

    Read more »

    A little girl stands on a chair and reaches really, really high with her hand, in front of a yellow background.
    52-Week Highs

    3 ASX All Ordinaries stocks hitting new 52-week highs today

    Investors are piling in and sending these ASX shares to new heights on Wednesday...

    Read more »

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    Materials Shares

    Why is the Arafura share price surging 12% to an 11-year high?

    Why are Arafura shares hitting multi-year highs this Wednesday?

    Read more »

    Woman in celebratory fist move looking at phone
    Share Gainers

    Why Arafura, Data#3, Leo Lithium, and Zip shares are charging higher today

    These ASX shares are having a good session...

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    A happy miner pointing.
    Materials Shares

    The Arafura share price exploded 120% in 2022. What now?

    Could Arafura shares climb even higher after doubling in 2022?

    Read more »

    Scared looking people on a rollercoaster ride representing the volatile Mineral Resources share price in 2022
    Materials Shares

    Arafura share price hits 10-year high then crashes 10%! What's going on?

    What on earth is going on with Arafura shares?

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    Broker Notes

    23 ASX shares to buy in 2023 – brokers

    These could be the shares to buy this year...

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    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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