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2026-11-06
◂ Monitor ARU ASX

Arafura Rare Earths Limited

Construction · Rare Earths · AU Rating locked: sign in to view v8.1 · aru-20261031t202835-full
Last 2026-11-06
A$0.145
1D
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1M
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Locked: sign in to view
Mkt cap
A$880.8M
EV
A$-3M
Cash
A$885.2M
Debt
A$0

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Announcements

Latest 12 of 206All sources ▸
  1. Quarterly Activities/Appendix 5B Cash Flow ReportResults
  2. Application for quotation of securities - ARUFinancing
  3. Notification of cessation of securities - ARUCorporate Action
  4. Final Director's Interest Notice - M SoutheyGovernance
  5. Results of MeetingGovernance
  6. AGM PresentationPresentation
  7. Appointment of Chair and Company Secretary ChangeLeadership
  8. Arafura enters binding offtake agreementEconomic Arrangement
  9. Application for quotation of securities - ARUCorporate Action
  10. Notice of Annual General Meeting InformationGovernance
  11. Notice of Annual General Meeting/Proxy FormGovernance
  12. Arafura extends binding offtake agreementEconomic Arrangement

Event calendar · next 12 months

9 events
TimingEventCategoryConfidenceMaterialityInvestor relevance
2026-11-01 to 2027-03-31Senior project finance contractual closeFinancingCompany GuidedHighLenders are progressing final credit approvals; contractual close unlocks US$775m senior debt plus US$280m standby and cost overrun facilities and is a condition for the main construction phase.
2026-11-01 to 2026-12-31Bulk earthworks and main construction mobilisationConstruction Or CommissioningCompany GuidedHighBulk earthworks are targeted for the December 2026 quarter, subject to long-form finance documents and cornerstone equity completion.
2026-11-01 to 2026-12-31Ion exchange heavy rare earth pilot tests completeExplorationCompany GuidedMediumPilot work with Clean TeQ is expected to finish by calendar year end and tests Dy and Tb recovery that is not in the study case.
2026-11-01 to 2027-03-31Award of the first major construction packagesConstruction Or CommissioningInferredMediumAbout A$700m of scope is out to tender with most still under assessment and a further A$350m of tenders expected over six months; award prices test the US$1,191m capital estimate.
2026-11-01 to 2026-12-01EFA and KfW equity subscriptions complete (sunset 1 Dec 2026)FinancingConfirmedHighAbout A$230m of cornerstone equity at A$0.2447 per share completes in parallel with debt contractual close; the agreements lapse after the 1 Dec 2026 sunset unless extended.
2027-01-01 to 2027-03-31NRFC A$200m convertible notes issuedFinancingInferredMediumEstimated issue date 28 Jan 2027 at 7.436% with a A$0.476 conversion price; the notes are subordinated to the project finance facilities.
2027-01-01 to 2027-06-30Remaining NdPr offtake placed (CMSR and Europe)Economic ArrangementInferredMediumThe non-binding Critical Minerals Strategic Reserve letter for 500 tpa and a targeted 250 tpa into Europe remain to be converted to binding contracts to hold the 80 percent offtake target lenders require.
2027-01-25 to 2027-01-31December 2026 quarterly reportResultsInferredMediumThe next Appendix 5B shows construction spend, procurement awards and whether finance close has happened.
2027-08-15 to 2027-08-31FY2027 annual reportResultsInferredMediumFirst annual report with a full year of construction spend and any updated capital cost or schedule.

Executive roster

As of 2026-10-30Background checks ▸

FY2026 annual report KMP and operations report, the 22 Oct 2026 appointment release and the September 2026 quarterly; CFO Peter Sherrington resigned effective 31 Aug 2026 and left on 31 Oct 2026.

ExecutiveTitleNormalized roleAppointedSources
Darryl CuzzubboManaging Director and Chief Executive OfficerChief Executive · Executive Director2024-02-052026 Annual Report
Angela BiggChief Financial OfficerFinance2026-07-132026 Annual Report
Tommie van der WaltChief Projects OfficerOperations · Technical2025-01-202026 Annual Report
Jane MaceyChief Operating OfficerOperations—2026 Annual Report
Penelope StonierChief Corporate Affairs OfficerSenior Management—Quarterly Activities/Appendix 5B Cash Flow Report
Annaliese EamesGeneral Counsel and Company SecretaryCompany Secretary · Senior Management2026-10-22Appointment of Chair and Company Secretary Change

devCoverage status: Complete As Disclosed