ASX:ARUMetals and Mining
A Look At Arafura Rare Earths (ASX:ARU) Valuation After A$230 Million Government Backed Funding Boost
Arafura Rare Earths (ASX:ARU) has secured approximately A$230 million in cornerstone equity subscriptions from Export Finance Australia and the German Raw Materials Fund, marking a key funding step for its Nolans rare earths project in the Northern Territory.
See our latest analysis for Arafura Rare Earths.
That government backed equity injection has arrived after a period of strong momentum, with a 30 day share price return of 17.65% and a 1 year total shareholder return of 93.55%. However,...