ARU 2.86% 18.0¢ arafura rare earths ltd

Ann: FYI: FYI Enters The Rare Earths Sector, page-24

  1. 2,361 Posts.
    lightbulb Created with Sketch. 1569
    Hey mate, I just got around to watching this, and it’s very interesting to hear how he mentioned twice that ARU was speaking with Minhub for some time… so suggesting the need, not want for surplus (concentrate) supply above what they can provide through ARU’s own processing.

    @marcdorc this also answers your question. They do not need to announce this further, as they have always discussed the ability to take further concentrate from third parties. There is no change to existing model. Ie in our current project to be constructed, we must have the ability to process more concentrate. It’s the raw material to concentrate that is at capacity, and costly to convert given the Capex.

    It makes sense to capitalise on an opportunity to process more concentrate into Rare Earth Oxide (obviously where the money is).

    If this all gets off the ground, ARU is looking to be a critical/major player in the world… stepping up to the plate with the likes of LYC!


 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $415.8M
Open High Low Value Volume
17.5¢ 18.5¢ 17.5¢ $735.5K 4.111M

Buyers (Bids)

No. Vol. Price($)
6 369592 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 929018 22
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.