Arafura Rare Earths Limited · ASX:ARU
Arafura Rare Earths — Shareholder Meeting (October 2025)
11 slides from Arafura Rare Earths's shareholder meeting presentation, Oct 30, 2025
Slide 1: Arafura Rare Earths Annual General Meeting
ASX: ARU For personal use only Arafura Rare Earths Annual General Meeting 30 October 2025
Slide 2: Disclaimer
Disclaimer This presentation is dated 30 October 2025 and has in information in this presentation or any other presentation that relates to Ore Reserves is extracted mineral resources and there is no certainty that been prepared by Arafura Rare Earths Limited information made available to a person,
Slide 3: MD & CEO's address
MD & CEO’s address For personal use only Mr Darryl Cuzzubbo
Slide 4: Realisation of a differentiated ore-to-oxide strategy
Realisation of a differentiated ore-to-oxide strategy Right Strategy, Right Time Share Price For personal use only China export constraints demonstrated what is at risk MP +453% US equity support of Mountain Pass 1 with $110/kg price floor LYC +206% HAS +136% ARU +131% Establishment of independent B
Slide 5: Achievements
Achievements For personal use only Funding Strategy significantly progressed and financial milestones achieved. Executive team has been US-AUS Critical Minerals framework strengthened NRFC A$200m binding term sheet EFA US$100m equity commitment GRMF Euro100m due diligence progressing (subject to add
Slide 6: Historic US-Australia Critical Minerals Framework
Historic US-Australia Critical Minerals Framework Nolans identified as a priority project under the For personal use only Framework, with EFA announcing the conditional approval for up to US$100m equity investment Key Outcomes from Framework: Key Outcomes for Arafura1: • Intensify cooperative effort
Slide 7: Indicative funding strategy
Indicative funding strategy Majority of funding conditionally approved or committed upon completion of the recent equity raise For personal use only Nolans funding bridge (US$m)1 Cornerstone Investors 47 1,586 346 3 80 COF 146 Financing Costs 346 2 169 Working capital, corporate costs & lender conti
Slide 8: Catalysts for a Final Investment Decision (FID)
Catalysts for a Final Investment Decision (FID) An investment decision is targeted for Q1 2026 and will be contingent on: For personal use only Shareholder approval of Tranche 2 and SPP equity raise Cornerstone equity Currency of debt at Extraordinary General secured approvals1 Meeting Hatch EPCM ap
Slide 9: EPCM Key Partnership – Hatch Engineering
EPCM Key Partnership – Hatch Engineering For personal use only Preferred proponent Comprehensive and Efficiencies driven by to partner and deliver competitive process continuity and clear the Nolans Project undertaken accountability Hatch recognised as Strong execution Demonstrated market leading fo
Slide 10: The Nolans Project is ready to go
The Nolans Project is ready to go We are ready to go For personal use only Preferred EPCM identified $US1Bn Debt funding Clear pathway to fully conditionally approved1 funded solution Project well defined with >US$40m on site works Experienced Board and through advanced completed de-risking leadersh
Slide 11: Contact
ASX: ARU For personal use only Contact Level 6, 432 Murray St Perth WA 6000 PO Box 5773 St Georges Terrace Perth WA 6831 T: +61 8 6370 2800 E: arafura@arultd.com arafura@arultd.com (All corporate and general enquiries) E: nolansproject@arultd.com nolansproject@arultd.com (Nolans Project enquiries on
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