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“This has been a long road, so it gives me great pleasure to see this company develop and grow. The remarkable team that we’ve got are the team that is going to deliver.”
~A$1 BILLION COST TO DEVELOP & BUILD
135km from
Alice Springs
682 construction
workforce & 366
operational workforce
Minimum
38-year
mine life
~4% of the
worlds magnet rare
earths supply
We’re very pleased to announce today that Arafura has received a Letter of Interest from Canadian export credit agency Export Development Canada for potential financing of up to US$300 million in support of the Nolans Project.
Read more here: http://bit.ly/3NjuFpN
Arafura has signed a binding offtake agreement with wind turbine manufacturer Siemens Gamesa Renewable Energy for up to 400tpa of NdPr metal over five years.
This milestone reinforces the globally significant nature of the Nolans Project. Read more at https://bit.ly/3ZWlwrh
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