Arafura Rare Earths (ASX:ARU) narrowed losses in 1HFY25, secures offtake for Nolan project production.

Mon 14 Apr 25, 03:16 AM | Team Kalkine

Image source: Shutterstock

Highlights

Arafura Rare Earths Limited (ASX:ARU) is an Australian mineral exploration and development company that continues to cement its role in the rare earths sector through focused development of its Nolans Project in the Northern Territory.

In March 2025, ARU’s subsidiary executed a non-binding Letter of Intent (LOI) with Tamboran Resources Corporation. The LOI outlines plans to explore a potential gas supply arrangement from Tamboran’s Beetaloo Basin assets to power operations at the Nolans Project.

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