Arafura inks offtake with Hyundai

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.ARULtd has signed an offtake deal with major HMGnewsroom RareEarths mining resources CriticalMinerals

PERTH – ASX-listed Arafura Rare Earths has struck a neodymium-praseodymium offtake agreement with South Korea’s Hyundai Motor Company and Kia Corporation.

Supply of NdPr is currently anticipated to commence in calendar year 2025 subject to project financing, completion of construction and development and commissioning of the project.

 

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