Noble Group takes another bet on rare earths

By IM Staff
Published: Friday, 21 June 2019

Coal trader Noble Group has made a fresh investment into rare earths, underlining the new interest in non-Chinese projects.

By Cristina Belda, William Clarke

Commodities trading house Noble Group is taking a stake in Australian junior Arafura and, therefore, making a bet on rare earths.

Noble’s subsidiary Talaxis will underwrite A$7.2m ($5 million) of an A$23.2 million placing in Arafura Resources in Australia.

Arafura...

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