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Australian Rare Earths Limited
(Sydney:AR3)
Australian Rare Earths Limited (AR3) vs. iShares MSCI Australia ETF (EWA)
Australian Rare Earths Limited Business Overview & Revenue Model
Australian Rare Earths Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 222.15K | 0.00 | 0.00 | 66.70K | 0.00 |
| Gross Profit | -222.96K | 222.15K | -221.00K | -60.85K | 22.95K | 0.00 |
| EBITDA | -3.45M | -3.40M | -3.23M | -2.36M | -5.33M | 4.00K |
| Net Income | -1.87M | -3.48M | -3.45M | -2.42M | -5.37M | -587.00K |
Balance Sheet | ||||||
| Total Assets | 25.08M | 25.08M | 23.76M | 26.96M | 18.48M | 13.15M |
| Cash, Cash Equivalents and Short-Term Investments | 4.91M | 4.91M | 7.61M | 14.98M | 12.62M | 12.08M |
| Total Debt | 520.17K | 520.17K | 643.75K | 224.51K | 62.23K | 0.00 |
| Total Liabilities | 2.27M | 2.27M | 1.69M | 2.07M | 1.26M | 1.18M |
| Stockholders Equity | 22.81M | 22.81M | 22.08M | 24.89M | 17.22M | 11.97M |
Cash Flow | ||||||
| Free Cash Flow | -809.93K | -6.83M | -7.26M | -7.95M | -6.09M | -1.10M |
| Operating Cash Flow | -802.17K | -1.33M | -2.40M | -2.10M | -1.69M | -214.90K |
| Investing Cash Flow | -4.77M | -4.77M | -4.89M | -5.89M | -4.49M | -893.64K |
| Financing Cash Flow | 3.40M | 3.40M | -86.28K | 10.36M | 6.71M | 13.18M |
Australian Rare Earths Limited Technical Analysis
Australian Rare Earths Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$24.91M | -9.47 | -11.09% | ― | ― | 36.67% | |
50 Neutral | AU$46.70M | -10.34 | -15.50% | ― | ― | 3.79% | |
47 Neutral | AU$31.60M | -7.21 | -84.97% | ― | -100.00% | 8.51% | |
46 Neutral | AU$8.91M | -1.52 | -217.79% | ― | ― | 43.46% | |
45 Neutral | AU$28.28M | -0.39 | -121.41% | ― | ― | -1034.67% | |
41 Neutral | AU$42.60M | -6.05 | -5.81% | ― | -67.81% | -244.10% |
Australian Rare Earths Limited Corporate Events
Australian Rare Earths Limited has applied to the ASX for quotation of 49,834 new fully paid ordinary shares, to be issued on 30 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital reflects ongoing shareholder participation in the company’s equity instruments and slightly broadens its free float, with limited but incremental impact on its capital structure and market liquidity.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited reported strong quarterly progress at its Koppamurra Rare Earths Project, becoming the first industry partner to access ANSTO’s new continuous pilot-scale rare earth processing facility, which is expected to reduce capital costs and accelerate development. South Australia’s Department for Energy and Mining approved a scoping report that clarifies environmental and social study requirements, streamlining approvals, while pre-feasibility work advances toward pilot operations in the June 2026 quarter and a definitive feasibility study later in 2026; test work has also confirmed a viable, low-risk flowsheet to produce high-purity mixed rare earth oxide, a product already attracting early market interest. At its Overland Uranium Project, the company completed 45 drill holes under the 2025 campaign, identified a compelling in-situ recovery–amenable uranium target in EL7001 and secured a new licence with additional uranium targets, reinforcing its broader critical minerals growth pipeline. Financially, AR3 ended December 2025 with $2.3 million in cash, received option exercise proceeds and an R&D tax refund, secured a further $6 million via a post‑quarter placement, and expects additional government grant funding in 2026, collectively providing a stronger runway to advance feasibility studies, pilot operations and regulatory approvals while pursuing strategic partnerships and offtake opportunities.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has requested and received a trading halt on its securities pending the release of an announcement regarding a material capital raising. The halt, effective from 29 January 2026, will remain in place until either the company issues its capital-raising announcement or normal trading resumes on 2 February 2026, signalling that AR3 is preparing to secure significant new funding that could influence its development plans and market positioning.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied to the ASX for quotation of 30,000 new ordinary fully paid shares under the code AR3, with an issue date of 22 January 2026. The small issuance, arising from the exercise or conversion of existing securities, marginally increases the company’s quoted capital base and reflects ongoing equity-related activity but does not represent a material change to its capital structure or strategic direction.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths has reported a key metallurgical breakthrough at its Koppamurra project, confirming a viable, low-risk processing route to produce high-purity Mixed Rare Earth Oxide via an oxalic acid precipitation pathway. Testwork delivered 99.9% rare earth recovery with strong impurity rejection and an initial MREO product projected at 98.6% purity (REO plus yttrium oxide), featuring a magnet-rich assemblage and other strategically constrained elements such as yttrium, gadolinium, samarium and lutetium. The company says this oxalate-based route is simpler and more attractive than mixed rare earth carbonate flowsheets pursued by many western ionic clay projects, improving downstream handling, transport costs and product quality for customers. The work, generated from a three-tonne bulk heap leach campaign, demonstrates a complete, scalable pathway from ore through to saleable intermediates, and ongoing optimisation with ANSTO will feed into the Koppamurra pre-feasibility study, strengthening AR3’s positioning as a potential geopolitically significant, non-Chinese rare earth supply option.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied for quotation on the ASX of 66,177 new fully paid ordinary shares, issued following the exercise or conversion of existing options or other convertible securities. The modest expansion of the company’s quoted capital base reflects ongoing shareholder participation in its equity and may slightly increase liquidity in the stock without materially altering its overall capital structure.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
Australian Rare Earths Limited has applied to the ASX for quotation of 208,945 new fully paid ordinary shares under code AR3, following the issue of these securities on 19 December 2025. The modest increase in quoted capital reflects the conversion or exercise of existing securities and marginally broadens the company’s tradable share base, with limited immediate dilution but signalling ongoing capital structuring as the company advances its rare earths portfolio.
Australian Rare Earths Limited has announced the quotation of 91,667 fully paid ordinary securities on the ASX, effective December 17, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its growth initiatives in the rare earths sector, potentially impacting its market position and offering new opportunities for stakeholders.
Australian Rare Earths Limited announced a change in the director’s interest, as Pauline Carr, the sole director of Equinalia Pty Ltd and Equinas Apache Pty Ltd, has seen the expiry of 500,000 unlisted options. This change reflects the ongoing management of the company’s securities and may impact the company’s stock options strategy, potentially influencing investor perceptions and market positioning.
Australian Rare Earths Limited has announced a change in the director’s interest, with Angus Jack Rutherford Barker acquiring 1,500,000 unlisted options expiring in November 2028. This change reflects strategic adjustments in the company’s governance and may influence its future operational strategies and stakeholder interests.
Australian Rare Earths Limited has announced the quotation of 75,229 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 2, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase liquidity, which could have positive implications for its stakeholders and overall industry positioning.
Australian Rare Earths Limited has announced a significant regulatory milestone for its Koppamurra Project with the publication of a scoping report by South Australia’s Department for Energy and Mining. This report outlines the necessary environmental, social, and technical studies required before a Mining Lease application, reducing potential delays and ensuring a structured approach to project development. The scoping report is a critical step in the approvals process, enhancing transparency and stakeholder alignment, and positioning Koppamurra as a leading ionic clay rare earth project in Australia with the potential to supply critical minerals to global markets.
Australian Rare Earths Limited (AR3) has announced its strategic partnership with the Australian Nuclear Science and Technology Organisation (ANSTO) to utilize their new pilot-scale rare earth processing facility. This collaboration marks a significant milestone for AR3, allowing the company to advance its Koppamurra Project by processing 25 tonnes of ore to produce 35kg of Mixed Rare Earth Carbonate (MREC). The initiative is supported by a $5 million Australian Government grant, underscoring national efforts to bolster domestic rare earth supply chains. This development not only accelerates AR3’s commercial pathway but also strengthens Australia’s position in the global rare earth market, aligning with national economic and strategic priorities.
Australian Rare Earths Limited has announced the issuance of 4,901,753 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s strategy to incentivize employees and align their interests with long-term corporate goals.
Australian Rare Earths Limited announced the issuance of 7,889,088 performance rights as part of its unquoted equity securities. This move is likely aimed at incentivizing key personnel and aligning their interests with the company’s growth objectives, potentially impacting its operational strategy and stakeholder engagement.
Australian Rare Earths Limited announced the issuance of 654,490 unquoted equity securities, specifically options expiring on September 30, 2029. This move is part of the company’s strategic financial maneuvers, potentially impacting its capital structure and providing stakeholders with insights into its future growth and operational strategies.
Australian Rare Earths Limited has announced the issuance of 3,000,000 unlisted options, exercisable at $0.325 and expiring on November 26, 2028. This move could potentially enhance the company’s financial flexibility and strategic positioning within the rare earths market, offering implications for stakeholders regarding future growth and investment opportunities.
Australian Rare Earths Limited announced that all resolutions presented at its 2025 Annual General Meeting were successfully passed. This outcome supports AR3’s strategic initiatives and positions the company for growth in the critical minerals market, enhancing its role in diversifying global rare earth supply chains.
Australian Rare Earths Limited’s Koppamurra Rare Earth Project is gaining strategic importance as geopolitical tensions and policy shifts highlight the need for diversified rare earth supplies. With significant support from the Australian Government and partnerships like Neo Performance Materials, the company is poised to complete a pre-feasibility study by early 2026. The project is positioned as a critical non-China source of rare earths, aligning with national security priorities and benefiting from fiscal incentives and international agreements aimed at securing critical mineral supply chains.
Australian Rare Earths Limited has announced the issuance of 404,316 fully paid ordinary securities, which will be quoted on the ASX under the code AR3. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, impacting its operational capabilities and market positioning positively.
Australian Rare Earths Limited has announced the issuance of 372,901 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code AR3. This move reflects the company’s efforts to enhance its financial flexibility and potentially expand its operations, which could strengthen its position in the rare earth market and impact stakeholders positively.
Australian Rare Earths Limited announced that its Managing Director and CEO, Travis Beinke, will present at the Noosa Mining Conference in Queensland. This participation underscores the company’s commitment to advancing the Koppamurra Rare Earths Project and engaging with stakeholders, potentially enhancing its industry positioning and investor relations.
Australian Rare Earths Limited has announced the quotation of 514,388 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code AR3. This move is part of the company’s strategic efforts to enhance its market presence and operational capacity, potentially impacting its industry positioning positively by increasing liquidity and investor interest.
Australian Rare Earths Limited has announced the issuance of 259,548 fully paid ordinary securities, which will be quoted on the ASX. This move indicates the company’s ongoing efforts to enhance its capital structure and potentially expand its operational capabilities, reflecting its strategic positioning within the rare earth elements market.
Australian Rare Earths Limited has identified significant uranium mineralization within its newly granted exploration licenses in South Australia’s Overland Project. Assay results from historic drilling have confirmed the presence of uranium, revealing two extensive sedimentary-hosted uranium target zones. These findings enhance the exploration potential of the project and provide a strong basis for planned follow-up drilling and technical evaluation. The company plans to integrate data and conduct geophysical reviews to refine their geological model and confirm the mineralization potential, which could strengthen their position in the uranium exploration sector.
Australian Rare Earths Limited has announced the quotation of 54,628 ordinary fully paid securities on the Australian Securities Exchange as of November 5, 2025. This move reflects the company’s strategic efforts to enhance its market presence and potentially increase liquidity, which could have positive implications for its stakeholders and market positioning.