The proposed site for the chemical processing facility at Whyalla.

Arafura cost cuts could chop 1,000 jobs

Rare earths miner Arafura Resources has shelved plans to build a chemical processing facility at Whyalla in South Australia, saying relocating the proposed plant to its Nolans Bore project in the Northern Territory could save it as much as $1 billion.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
39thEuropean Lithium363%90%
202ndArafura Resources58%-9%
354thBulletin Resources17%26%
740thGBM Resources-50%-23%
748thClassic Minerals-50%0%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$15k Bought
$5k Issued
$15k Issued
Total value as at the date of the transaction
Source: Morningstar


125th↑Bulletin Resources$928k
126th↓GBM Resources$855k
127th↑Arafura Resources$847k
128th↑European Lithium$777k
129th↓Classic Minerals$762k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Arafura Resources

270thGavin Lockyer$456k
373rdPeter Sherrington$354k
428thRichard Brescianini$313k
Ranked by total remuneration from all listed WA companies

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