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Arafura Resources Ltd steams ahead at Nolans rare earth project with FEED activities set to start


The company is targeting the commencement of FEED activities in the second half of 2021.
A final investment decision is expected by the second half of 2022, when the NdPr market is poised to enter a deficit, thanks to underinvestment in the rare earth oxides supply chain, while first production is targeted in late 2024. 
The Nolans Project is set to be Australia’s first vertically integrated source of separated rare earths oxides and the world’s second-largest scale non-Chinese source of rare earths. 
Arafura is targeting for its Nolans Project – a shovel-ready world-class NdPr project - to supply 5-10% of the global demand for NdPr oxide.  ....

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NT critical minerals projects charging ahead


Date Time
NT critical minerals projects charging ahead
Joint media release with the Minister for Industry, Science and Technology the Hon Karen Andrews MP
The Morrison Government continues to strengthen the nation’s critical minerals sector, with support for two large job creating projects in the Northern Territory.
Major Project Status has been granted to the Finniss Lithium Mine Project and the Mount Peake Vanadium, Titanium and Iron Mine and Processing Facility.
The Mount Peake project will see a mine site established about 235kms north of Alice Springs and a facility set up in Darwin to produce and process vanadium, titanium and iron. This will create up to 1,600 jobs during construction and up to 1000 ongoing jobs during operation. ....

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