Arafura Rare Earths plans $250 million share sale backed by Australia’s richest person

TL;DR

Reports differ across sources; according to finance.yahoo.com, mELBOURNE, May 21 (Reuters) - Arafura Rare Earths said on Thursday it approved the development of its $1.6 billion Nolans project in Australia's Northern Territory, which is set to be the country's third-biggest rare earths operation by the end of the decade.