ASX Announcements
Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report
- Feb 19, 2025
- 24 pages
Market Sensitive
Quarterly Activities Report and Appendix 5B
Second Quarter Activities Report, Second Quarter Cashflow Report
- Jan 30, 2025
- 19 pages
Date of Quarterly Report and Briefing
Notification of Results/Reporting Date, Web Casts
- Jan 24, 2025
- 1 page
January
Taxpayer bet on rare earths plant depends on ‘non-China premium’
Foreign customers are expected to pay more for critical minerals from Arafura Rare Earths – a gamble that has placed almost $1 billion of government funds on the line.
- Mark Wembridge
Labor boosts backing of Rinehart-backed Arafura to $1b
In its biggest outlay to date, the $15 billion National Reconstruction Fund has agreed to take a $200 million equity stake in the rare earths player.
- Ronald Mizen
November 2024
Forrest debt feud threatens future of rare earths hopeful Hastings
The West Australian developer took a loan from its chairman, angering its biggest financier, the billionaire businessman’s private mining vehicle.
- Peter Ker
July 2024
Chinese rare earths giant looks to set up in Australia
Shenghe wants to expand into Australia despite strong government opposition to Chinese investment.
- Updated
- Brad Thompson
Rinehart-backed Arafura launches equity raise
Fund manager sources were told to expect a deal size in the order of $20 million, a sliver of the $US793 million that the company has flagged it would need.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rinehart-backed Arafura locks in $1.5b debt deal, chases $1.2b raise
The company is developing a rare earths refinery in the Northern Territory, defying concerns about pricing to win backing from Canada, Germany and South Korea.
- Brad Thompson
May 2024
Dutton rejects ‘Rich Lister’ tax cuts
The opposition has blasted $27.8 billion in production credits in the budget as “tax cuts for billionaires”, vowing to repeal them if elected.
- Phillip Coorey and Brad Thompson
Iluka boss calls out China’s infiltration of rare earths in Australia
Tom O’Leary says China is trying to extend its global dominance in rare earths by controlling assets in Australia and rigging prices.
- Updated
- Brad Thompson
This BHP old boy thinks copper and rare earths prices will spike
Arafura Rare Earths boss Darryl Cuzzubbo says higher prices are inevitable for two commodities vital to the energy transition.
- Brad Thompson
April 2024
- Opinion
- Critical minerals
Where Australia is getting it wrong on critical minerals
A new report argues that the government’s focus on domestic production and exports is failing to adequately help develop a secure network of supply chains with other countries.
- Jennifer Hewett
Rinehart snares big stake in Lynas Rare Earths
The share raid has fuelled speculation that Australia’s richest person may emerge as a kingmaker in any rare earths mega-merger.
- Brad Thompson
March 2024
- Opinion
- Rare earths
Australia bets big on rare earths after China sparks panic
Western governments want to break China’s stranglehold on the processing of rare earths into metals and magnets vital for modern living and defence. Australia is key to that. Can it work?
- Jennifer Hewett
US pledges $1.28b for ASX rare earths stocks
Washington’s desire to break China’s stranglehold on the global rare earths industry has prompted it to pledge funding to two ASX rare earths aspirants.
- Peter Ker
Rinehart-backed Arafura gets $840m in taxpayer aid for NT project
An $840 million package of loans and grants is the Albanese government’s biggest deployment of taxpayer funds to the struggling rare earths industry.
- Jacob Greber and Peter Ker
February 2024
- Opinion
- Defence
Awakening of a maritime nation 50 years in the making
It is a historic day when the government has finally agreed to support an enhanced surface combatant fleet capability for the Royal Australian Navy.
- Jennifer Parker
December 2023
Rinehart-backed miner wants short-selling reform
Two more chief executives have pleaded for critical minerals companies to get regulatory protection from short-sellers who bet on share prices falling.
- Peter Ker
Rinehart-backed Arafura launches cash call, two brokers on ticket
Canaccord and UBS will oversee the equity raising.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2023
Critical minerals stocks are now worth more than gold
The value of major ASX-listed critical minerals stocks has surged to $86.2 billion from $8.6 billion in 10 years and are now more valuable than 25 companies comprising the gold index.
- Peter Ker and Vesna Poljak
May 2023
Banks find critical miners ‘outside their comfort zone’, warns Arafura
The company behind one of the country’s largest rare earths projects says it is looking offshore for funding as its Chinese backer sells out.
- Brad Thompson
January 2023
New rare earths player begins trading with Ellison backing
Aspiring rare earths producer VHM says China deal is just the start of its plans for large-scale mine in rural Victoria.
- Brad Thompson