Arafura Rare Earths is trading A$0.19 (+4.05%) after news of an extended binding agreement with a global wind-turbine manufacturer.
- The agreement covers up to 500 tonnes annually of NdPr oxide equivalent.
- It runs for five years, potentially extending to eight, with pricing linked to a transparent global seaborne index.
- The September 18 session followed the agreement news; the company-specific catalyst likely outweighed broader market support.