Company
ASX:ARU
Arafura Rare Earths Ltd is developing the Nolans rare earths project in the Northern Territory of Australia.
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Rare earths & specialist minerals
Arafura’s recent feasibility study update confirmed the project’s ultra-low operating costs of US$24.76/kilogram neodymium-praseodymium oxide and will form the basis for securing project finance.
Rare earths & specialist minerals
The feasibility study update has confirmed the project’s ultra-low operating costs of US$24.76/kilogram neodymium-praseodymium oxide and will form the basis for securing project finance.
Rare earths & specialist minerals
The company has engaged Macquarie Capital (Australia) Limited for the initial phase of the debt process focused on refining the Nolans project debt financing strategy.
Rare earths & specialist minerals
Recent changes to the company’s execution strategy include incorporating a detailed front-end engineering phase to reduce risk and deliver a higher level of cost certainty allowing for construction tenders to be received prior to Final Inve
Rare earths & specialist minerals
There is strong alignment between the Nolans project and the Australian Government’s critical mineral initiatives. In particular, the company received strong endorsement of Nolans from the Territory Economic Reconstruction Commission (TERC)
Rare earths & specialist minerals
The mineral leases host the Nolans borefield and will enable the construction of a water diversion channel around the mining area – as required under the project’s environmental approval conditions.
Rare earths & specialist minerals
Analysis of the metallurgical test results and incorporation of these findings into the final design has resulted in several changes to the DFS process design which will improve commissioning and Neodymium Praseodymium oxide recovery.
Thor has been spreading its wings and acquiring new assets lately
Rare earths & specialist minerals
The company has a world-class neodymium-praseodymium resource in Australia's Northern Territory.
Rare earths & specialist minerals
Spot gold climbed 0.4% to US$1,951.13 per ounce as weak U.S. jobs data and stimulus hopes increased its appeal.
Rare earths & specialist minerals
The validation paves the way for further commercial negotiations and marks the successful completion of a comprehensive flowsheet piloting program.
Rare earths & specialist minerals
Each company will present for 12 minutes followed by a Q&A session.
Rare earths & specialist minerals
The company has reached several significant milestones for its 100%-owned neodymium-praseodymium project in the Northern Territory.
Rare earths & specialist minerals
The renewal acknowledges Nolans as a strategically significant Australian critical minerals and advanced materials development project and provides access to a range of Australian Government services and programs.
Rare earths & specialist minerals
The company is in the advanced stages of preparing a Mining Management Plan for authorisation by the Northern Territory Department of Primary Industry and Resources.
Rare earths & specialist minerals
This agreement facilitates progress towards a final mining approval by the Northern Territory Government.
Rare earths & specialist minerals
Signing of the agreement was paused due to COVID-19 travel restrictions, which have now been lifted.
Rare earths & specialist minerals
Funds will be spent on early engineering work at the Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory.
Rare earths & specialist minerals
The company is pursuing funding and offtake opportunities for its Nolans Neodymium-Praseodymium Project in the Northern Territory.
Rare earths & specialist minerals
The Nolans project will supply 5-10% of global demand for neodymium- praseodymium, the key rare earths in permanent magnets used in electric motors.
