Sign up
Oil Capital

Arafura Resources' latest pilot plant results are 'very significant and quite unique'

Arafura Resources Ltd (ASX:ARU) CEO Gavin Lockyer updates Proactive Investors on flowsheet development, following news that a phase 6 pilot plant successfully extracted low-value, high-volume cerium from rare earth hydroxide to produce rare earth chloride.

This week the company raised over $3 million in an oversubscribed share purchase plan (SPP). That cash will be used to advance a definitive feasibility study (DFS) on the Nolans Neodymium Praseodymium (NdPr) Project in the Northern Territory.

 

View full ARU profile View Profile
View All

© oil Capital 2019

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.