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ARU rare earth project moves into construction, targets late-2029 production

ARU says its fully funded rare earth project has transitioned to the construction phase, supported by major government backing. Offtake agreements and strategic investments are in place, with production targeted for late 2029 and ramp-up through 2031.

ARU

Transitioned to construction phase with full funding secured and major government support.

Key offtake agreements and strategic investments position the project as a leading non-China rare earth supplier, with production targeted for late 2029 and ramp-up through 2031.Based on Arafura Rare Earths L…