Mitsubishi UFJ Financial Group becomes substantial holder in Arafura Rare Earths

MUFG reported becoming a substantial holder in Arafura Rare Earths Ltd on December 16, 2025, acquiring a total voting power of 5.03%. The aggregate number of voting shares held by MUFG, including those with relevant interests, reached 234,371,879. These holdings primarily consist of fully paid ordinary shares.

The relevant interests include direct holdings and those through associated entities such as Morgan Stanley, where MUFG holds over 20% voting power. Morgan Stanley Australia Securities Limited and Morgan Stanley & Co. International plc are among the key entities through which these relevant interests are held.

Acquisitions were made through various transactions, including purchases and collateral receipts, as detailed across multiple dates in late 2025. These include significant movements on dates like August 28, 2025, when 39,359,417 ordinary shares were received as collateral, and on September 30, 2025, with 3,375,540 ordinary shares also received as collateral.