Arafura Rare Earths Ltd is engaged in the exploration and development of rare earth mineral resources in the Northern Territory, emphasizing primarily on Neodymium-Praseodymium deposits. Positioned at the forefront of the rare earth supply chain, Arafura aims to leverage its resource-rich Nolan's Project to fulfill the growing global demand in electronics and green technologies.
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Industry & Focus
rare earth elements
mining
exploration
northern territory
materials
Company Overview
AI-generated company summary
Arafura Rare Earths Ltd is engaged in the exploration and development of rare earth mineral resources in the Northern Territory, emphasizing primarily on Neodymium-Praseodymium deposits. Positioned at the forefront of the rare earth supply chain, Arafura aims to leverage its resource-rich Nolan's Project to fulfill the growing global demand in electronics and green technologies.
Company History
Arafura Rare Earths Ltd was founded in 1997 with a focus on mineral resources exploration in Australia. In 2003, the company listed on the ASX, enhancing its capacity to attract investment for the development of its projects. A major milestone was the discovery of the Nolan's Project, which is a prominent source of rare earth elements. Over the years, Arafura has developed its project pipeline and diversified its focus to include the environmentally sustainable processing of these critical materials.
Competitive Advantages
Arafura Rare Earths Ltd benefits from owning one of the world's largest Neodymium-Praseodymium deposits, the Nolan's Project, which offers a unique strategic positioning. The company’s integrated project model from mining to processing enhances operational efficiency and cost management. Arafura's commitment to sustainable practices is a critical advantage in securing partnerships with environmentally conscious organizations.
Risk Factors
•Market volatility in rare earth element prices
•Regulatory changes and environmental compliance in mining
•Operational risks in scaling the Nolan's Project to full production
Recent Developments
Last 6 months
In the past six months, Arafura has progressed with its Nolan's Project, securing additional funding for infrastructure development and engaging in strategic partnerships aimed at enhancing their supply chain capabilities. Moreover, Arafura reported strong half-year financial results indicating increased investor confidence.
Key People
Leadership team at Arafura Rare Earths
GL
Gavin Lockyer
CEO
Gavin Lockyer has over 20 years of experience in the resources sector and joined Arafura in 2006. As CEO, he oversees the strategic development of Arafura's projects to ensure sustainable growth and long-term success.
JY
Joe Young
CFO
Joe Young, appointed as CFO, brings extensive expertise in financial management and strategic planning, previously serving in various financial leadership roles in the mining sector.
Financial Reports
29 reports available
Quarterly Activities Report and Appendix 5B
Quarterly ReportOct 28, 2025via asx_announcements
2025 Annual Report
Annual ReportAug 22, 2025via asx_announcements
Quarterly Activities Report and Appendix 5B
Quarterly ReportJul 29, 2025via asx_announcements
Date of Quarterly Report and Briefing
Quarterly ReportJul 25, 2025via asx_announcements
Quarterly Activities Report and Appendix 5B
Quarterly ReportApr 30, 2025via asx_announcements
Date of Quarterly Report and Briefing
Quarterly ReportApr 24, 2025via asx_announcements
Half Year Accounts
Half Year ResultsFeb 19, 2025via asx_announcements