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Arafura Resources Limited ( (AU:ARU) ) has shared an announcement.
Arafura Rare Earths Limited has announced an extension of the condition precedent date for its gas supply agreement with the Mereenie field joint venture, pushing the deadline from 4 February 2025 to 31 March 2025. This update may impact the timeline for the Nolans Project, which relies on this gas supply, potentially affecting project stakeholders and operational planning.
More about Arafura Resources Limited
Arafura Rare Earths Limited operates in the rare earths industry, focusing on the extraction and supply of rare earth elements. The company is primarily involved in the development of the Nolans Project, which targets the production of these critical minerals essential for various high-tech applications.
YTD Price Performance: 1.25%
Average Trading Volume: 85,542
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $199.1M
See more insights into ARU stock on TipRanks’ Stock Analysis page.
