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Arafura completes $350m placement with second tranche
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Arafura completes $350m placement with second tranche
Arafura’s Nolans rare earths project. Image: Arafura.Arafura Rare Earths has completed its fully underwritten $350 million institutional placement, marking another major financing milestone as the company advances the Nolans rare earths project in the Northern Territory toward development. The company announced that the second tranche of the placement settled on July 9 after shareholder approval was secured on July 2, with 671 million new fully …
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