Arafura Rare Earths obtains $840 million government funding boost

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English - March 14, 2024 20:52 - 1000 KB
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15 Mar 2024 - Shares in Arafura Rare Earths (ASX:ARU) surged more than 77% yesterday after it was confirmed the company will receive A$840 million in funding from the Australian government to create a combined mine and refinery for the key renewable minerals.