European Funding Initiative Boosts Prospects for Arafura Resources

The European Union’s strategic push to diversify its supply of critical minerals is casting a favorable light on Arafura Resources Ltd. The Australian developer’s share price has appreciated by approximately 9.4% over the last fortnight, finding stability around AUD 0.29 after a robust opening to 2026. This renewed investor focus stems directly from the bloc’s newly launched “RESourceEU Action Plan,” a €3 billion program designed to bolster alternative sources of rare earth elements.

Adopted in December 2025, the RESourceEU Action Plan represents a significant political catalyst for the rare earths sector. Its core objective is to systematically reduce Europe’s overwhelming reliance on China, which currently accounts for an estimated 98% of supply. Read more...