ARU 2.86% 18.0¢ arafura rare earths ltd

Ann: Joint Statement of Cooperation between Arafura and KOMIR, page-14

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  1. 331 Posts.
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    On its own this sounds like a positive announcement. But KOMIR signed MoU with Minerals Council of Australia few days ago and a similar one to ARU with ASM in Dec 2021. So what is the significance of all this collectively to ARU, introductions to Korean companies and potential funding partners? KOMIR only formed in Sept 2021 from 2 previous organisations, but it does point to strategic sourcing of minerals for Korean companies in the long run. Looking at their website, the scope of what they do is pretty broad and hence keen to get others perspective on what this could mean for ARU in short to medium term.
 
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