Aru are expected to produce 144kt or p2o5, and that’s without factoring the expansion scoping study.
One thing that hasn’t really been highlighted is we produce near battery quality phosphoric acid, and with the world requiring this for large increase in LFP battery. Ie almost taking half share of world battery market, and China being so dominant in this industry. Again the west requires another supply chain.
In comes ARU again!
At $600-700/t, that means circa $100M in revenue without considering expansion, and that’s without Considering the world shortage.
Trust me when I say this one, it’s something ARU and us shareholders should be excited about. Along with our western supply position sets us apart from our peers.
Arafura Rare Earths Ltd, page-990
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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 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |