ARU 2.63% 18.5¢ arafura rare earths ltd

We are the winners! Budget 2024: Winners and losers from Jim...

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    We are the winners! Budget 2024: Winners and losers from Jim Chalmers’ third federal budget (copyright link) - Fourth dot point. (Google "The winners and losers in the federal budget) to access the article.

    Cool to see Arafura get a shoutout. This should increase exposure no doubt.

    Funding for critical minerals and rare earth production:

    The budget allocates $1.2bn to invest in critical minerals projects, including $840m for Arafura’s rare earth metals production in the Northern Territory, $400m in new loans to Alpha HPA for Australia’s first high-purity alumina processing facility in Queensland and an undisclosed revised level of support to Renascor Resources to fast-track the development of stage one of its Siviour graphite project in South Australia.



    Last edited by Sharesdude: 14/05/24
 
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