Arafura Rare Earths - Signs Binding Term Sheet For 500 Tpa Ndpr Oxide Over Five Years

Arafura Rare Earths Ltd ASX:ARU:

• ARAFURA RARE EARTHS - SIGNS BINDING TERM SHEET FOR 500 TPA NDPR OXIDE OVER FIVE YEARS

• ARAFURA RARE EARTHS - OFFTAKE PRICING TO BE BASED ON SEABORNE TRADED INDEX

• ARAFURA RARE EARTHS LTD - TERM SHEET SIGNED WITH A MEMBER OF AN INDIAN INDUSTRIAL GROUP