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Gina Rinehart-backed Arafura Rare Earths expands major offtake deal by 70%

Gina Rinehart-backed Arafura Rare Earths Ltd (ASX:ARU, OTC:ARAFF, FRA:REB) has secured a binding offtake agreement with a major global trading company, increasing the volume of rare earths committed from its Nolans Project in the Northern Territory by 70%. The agreement marks a significant step for the rare earths developer, whose largest shareholder is Rinehart's Hancock Prospecting, which holds a 17.5% stake.

Proactive Investors • Oct 12, 2026

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