[Australia] Arafura Raises Cash To Move Ahead On Rare Earths Mine

Australia's Arafura Resources (ARU.AX) on 27 October, signalled it was full speed ahead for its Nolans rare earths project in Australia after raising A$90M ($87.5M) in a share placement. Arafura is among a handful of rare earth hopefuls racing to develop new mines to compensate for shortfalls in global supplies as China, which dominates world trade in the high-tech metal elements, restricts exports.

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[Australia] Arafura Raises Cash To Move Ahead On Rare Earths Mine
www.Reuters.com/Article/Iduksge69Q0R420101028?Type=Companynews
N 2547
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