Arafura Rare Earths Limited (ASX:ARU)

Developing the Nolans Rare Earths Project in the Northern Territory.

About Us

Arafura Rare Earths Limited (ARU) is an ASX-listed company focused on the exploration and development of rare earth projects. With its flagship Nolans Project in the Northern Territory, Arafura aims to become a leading supplier of rare earth elements, crucial for high-tech and renewable energy applications.

Company Overview

Arafura Rare Earths Limited is dedicated to the discovery and development of rare earth elements (REEs), essential for manufacturing high-tech devices, renewable energy systems, and other advanced technologies. The company’s flagship Nolans Project is positioned to supply critical rare earths to global markets, supporting the transition to a sustainable and low-carbon future. Arafura combines cutting-edge exploration techniques with a commitment to sustainability and community engagement to uncover and develop significant rare earth resources.

Board & Management

Darryl Cuzzubbo

Darryl Cuzzubbo

Managing Director & Chief Executive Officer

Darryl has over 30 years’ experience in global roles in multicommodity resources, services and manufacturing holding both Senior Executive and Executive Director roles. He brings extensive knowledge and experience in both the resources and manufacturing sectors having run large complex operational assets and has led the development and execution of a range of major projects. Darryl, appointed as a Non-Executive Director for Arafura in November 2021, previously served as Chief Manufacturing and Supply Officer as well as Group Executive and President of Auspac Asia while at Orica Pty Ltd.

He held various senior positions during his 24-year career with BHP, including 3 years as President of Olympic Dam with responsibility for operations, expansion projects and organisation wide transformational change programs. He has a broad international perspective, having experience in running operations across over 30 countries.

Mark Southey

Mark Southey

Non-Executive Chairman

Mr Southey has extensive global experience in the industrial and natural resources sectors covering all aspects of asset management, maintenance, design and engineering, and major capital project development and execution. He is well versed in public company board and institutional investor engagement and has a background in both senior operational and financial roles.

Mr Southey has previously held senior executive positions with Honeywell and ABB both in Australia and internationally, and more recently was part of the global executive leadership team within WorleyParsons, a leader in the engineering, procurement and construction of projects in the energy and resources sector where he held the position of Group Managing Director for the Minerals, Metals and Chemicals Sector. Mr Southey is also a Non-Executive Director of Fleetwood Corporation (ASX: FWD) and an advisory board member for Gas Cleaning Technologies LLC (Dallas).

Mr Southey was appointed as the Chairman of Arafura Resources Limited on the 14th of February 2019.

Cathy Moises

Cathy Moises

Non-Executive Director

Cathy Moises has extensive experience in the resources sector having worked as a senior resources analyst for several major stockbroking firms including McIntosh (now Merrill Lynch), County Securities (now Citigroup) and Evans and Partners where she was a partner of that firm. More recently in 2017-2019, Cathy was Head of Research at Patersons Securities Limited.

Ms Moises brings substantial experience to Arafura in company management, capital markets and institutional investor engagement. Her key areas of industry experience include gold, base metals, mineral sands and the rare earths sector.

Mike Spreadborough

Mike Spreadborough

Non-Executive Director

Michael has a mining engineering background with more than 30 years’ experience in mining lead, zinc, uranium, copper, gold and iron ore. He has held roles across the scope of the industry from business and project development to operations and exploration. He held positions as the General Manager – Mining for WMC and Vice President – Mining for BHP Billiton at the world-class Olympic Dam Mine in South Australia, General Manager – Coastal Operations for Rio Tinto, responsible for port operations and Pannawonica mine site, Chief Operating Officer for Inova Resources Ltd (formerly Ivanhoe Australia) and Sandfire Resources.

Roger Higgins

Roger Higgins

Non-Executive Director

Dr Higgins has over 50 years experience in areas of engineering, project management, mineral and water resources and environmental management. He has lived and worked in the resources industries in Australia, Chile, Canada, Papua New Guinea and the USA, and has worked on operations and projects and several additional country locations.

Dr Higgins has held senior management and executive positions including Senior Vice President Copper with Teck, VP and COO Australia with BHP Base Metals and Managing Director at Ok Tedi Mining. He is a member of Advisory Boards at the University of Queensland and the University of Adelaide, and an Adjunct Professor with the Sustainable Minerals Institute at the University of Queensland.

Ian Murray

Ian Murray

Non-Executive Director

Mr Murray brings more than 30 years of experience in financial, corporate, project development, mergers and acquisitions, and operational experience across Australia, Africa, Asia Pacific and North America.

Mr Murray was most recently CEO and Managing Director of Gold Road as it transitioned from small market capitalisation explorer to large scale plus billion-dollar gold producer. Today he is a non-executive director with Black Rock Mining Limited and Miners Promise Limited (not-for-profit organisation) and is non-executive chair of Jupiter Mines Limited.

Mr Murray is a Chartered Accountant, a member of the Australian Institute of Company Directors, and holds qualifications in commerce, accounting and taxation, as well as a post-graduate Advanced Management and Leadership Programme from the University of Oxford’s Saïd Business School.

Arafura Rare Earths Limited

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