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Arafura SPP more than 500% oversubscribed

Rare earths developer swamped with applications

Kristie Batten
Arafura SPP more than 500% oversubscribed

The SPP was seeking A$12 million but the company received 5510 applications, worth $81.5 million. Due to the interest, the company has decided to accept oversubscriptions of $8 million to raise a total...

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