Arafura Resources Limited
Arafura Resources Limited (ARU) is an Australian company engaged in the exploration and development of rare earth elements. The company operates primarily in the mining sector, focusing on the extraction and processing of neodymium and praseodymium, which are essential components in the manufacturing of high-performance magnets used in various technologies such as electric vehicles and wind turbines. Arafura's flagship project is the Nolans Project, a significant rare earth deposit located in the Northern Territory of Australia.