Arafura Resources signs MoU for supply of NdPr oxide to major Chinese manufacturer
The company is negotiating several other offtake agreements for the remaining three-quarters of Nolans’ annual production.
Company
ASX:ARU
Arafura Rare Earths Ltd is developing the Nolans rare earths project in the Northern Territory of Australia.
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The company is negotiating several other offtake agreements for the remaining three-quarters of Nolans’ annual production.
The plan will be important in demonstrating that Nolans can be built, operated and managed in compliance with environmental approval conditions.
The halt will remain in place until Tuesday 24th October 2017.
Nolans contains one of the world’s largest neodymium and praseodymium deposits.
One of the world’s largest neodymium and praseodymium deposits.
Aims to extract phosphate and produce phosphoric acid as a by-product.
The halt will remain in place until Monday 20th February.
Arafura Resources (ASX:ARU) has received $1.75 million as a tax refund for R&D expenditure in relation to the development of its Nolans Rare Earths Project in the Northern Territory.
Arafura Resources (ASX:ARU) has successfully completed the beneficiation flowsheet piloting for its Nolans Neodymium/Praseodymium Project in the Northern Territory.