ARU 2.94% 17.5¢ arafura rare earths ltd

Arafura Rare Earths Ltd, page-1111

  1. 1,532 Posts.
    lightbulb Created with Sketch. 744
    Well you aren't really being straight with people or you simply don't know.
    > The solvent extraction method is the main method used in any rare earth extraction nowadays.

    However the difference is that Lynas uses a sulphate extraction process, Arafura uses a hydrochloric extraction process.

    It has a material impact. The sulphate process requires a much larger plant that costs a lot more to run.

    Additionally, Arafura are doing their acid bake at a much lower temperature, 250'C vs Lynas 700'C which requires much larger infrastructure.

    TLDR:
    Ignore ttroy's chest beating and his attempts to pick on 'junior RE companies' which he thinks are an easy target to make him look smart.
    Newsflash ttroy, every RE company (including Lynas) was a junior RE company.
    If you invested in Lynas when it was at Arafura's stage you'd have made a lot of money.
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $431.2M
Open High Low Value Volume
17.5¢ 17.5¢ 17.0¢ $376.7K 2.166M

Buyers (Bids)

No. Vol. Price($)
8 250608 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 2591267 23
View Market Depth
Last trade - 16.10pm 02/10/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.