Arafura Seeks Expansion of European Customers with ThyssenKrupp

Sydney Morning Herald reported that Arafura Resources (ASX:ARU) is hoping a sales deal with ThyssenKrupp will be formalized.

As quoted in the market news:

The German materials and technology company had agreed to progress a letter of intent (LOI), written in August, to buy rare earth oxides from Arafura’s Nolans project in the Northern Territory to a “more formal commercial off-take arrangement”, the company said.

Click here to read the full Sydney Morning Herald report.