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Arafura Resources, Imugene secure $4.2m in R&D grants

Arafura Resources Ltd has been awarded a $3.3 million federal government Commercial Ready grant for its rare earths - uranium project in the Northern Territory while biotechnology company Imugene Ltd has secured an $880,000 grant to produce and test bird flu vaccines on chickens.

Arafura's grant will be used to assist the continued development of what the company called a unique rare earths, uranium and phosphates recovery process.

The grant covers metallurgical and pilot plant test work to the value of $1.2 million and the potential for an extended pilot plant phase to the value of $2.1 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
167thMineral Resources57%20%
218thSouth3237%0%
242ndAtlas Iron31%-58%
345thWoodside Petroleum13%3%
473rdFortescue Metals Group-9%7%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/10/17
$9k Issued
29/09/17
$0 Bought
26/09/17
$27k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Fortescue Metals Group$10,999.7m
2nd↑South32$9,392.9m
3rd-Woodside Petroleum$5,715.9m
4th-Mineral Resources$1,470.4m
5th↑Atlas Iron$896.6m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

3rdNev Power$5.324m
649thMark Barnaba$223k
765thSharon Warburton$170k
Ranked by total remuneration from all listed WA companies

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