Arafura Resources Ltd's (ASX:ARU) Gavin Lockyer talks Proactive's Andrew Scott through a just-released updated feasibility study for its 100%-owned Nolans Neodymium-Praseodymium (NdPr) project in the Northern Territory which confirms ultra-low operating costs of US$24.76 per kilogram of NdPr oxide. Lockyer also discusses a non-binding letter of support from the Australian Government’s export credit agency, Export Finance Australia (EFA), to help finance the project. The facility will cornerstone a broader banking debt facility that is being progressed with a target mix of foreign Export Credit Agencies (ECAs) and commercial banks.
Arafura Resources says proposed senior debt facility is significant milestone for Nolans project
