Arafura Rare Earths to Raise $250 Million in Share Sale Backed by Gina Rinehart
Australian rare earth miner Arafura Rare Earths plans a $250 million share placement backed by Gina Rinehart's Hancock Prospecting. The funds will support the development of its Nolans project, valued at $1.6 billion and expected to become one of Australia’s largest rare earth operations.
Topics: Equity Financing Mining Rare Earths