ASX:ARUMetals and Mining
How Investors May Respond To Arafura Rare Earths (ASX:ARU) Potential US$1.05 Billion Cornerstone Funding
Arafura Rare Earths has drawn fresh market attention after reports of potential cornerstone funding of about US$1.05 billion for its Nolans rare earths project, seen as an important step toward securing overall project financing and construction.
This prospective funding package is material because it could address a major capital hurdle for Nolans, sharpening focus on how Arafura might progress from project planning into development.
With recent share price moves and potential...