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Arafura Resources ( (AU:ARU) ) has provided an update.
Arafura Rare Earths Limited has provided an update on its project funding, specifically regarding conditional credit approvals for its debt funding. The company is working to extend credit approvals with its lenders, including Export Development Canada and ING, to ensure they remain valid for the final investment decision on the Nolans Project. While EDC’s credit approval expired on 30 September 2025, Arafura is confident of securing an extension soon. ING has provided a letter of support instead of seeking an immediate extension, indicating its continued involvement in the project. All other lender credit approvals remain valid, and the company is actively maintaining these approvals.
The most recent analyst rating on (AU:ARU) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Arafura Resources stock, see the AU:ARU Stock Forecast page.
More about Arafura Resources
Arafura Rare Earths Limited operates in the rare earths industry, focusing on the extraction and processing of rare earth elements. The company is primarily involved in the development of the Nolans Project, which aims to supply rare earth materials crucial for various high-tech and clean energy applications.
Average Trading Volume: 10,161,073
Technical Sentiment Signal: Buy
Current Market Cap: A$566.8M
Find detailed analytics on ARU stock on TipRanks’ Stock Analysis page.