Arafura Resources Ltd continues optimisation at Nolans NdPr Project in parallel with offtake and project funding activities

Arafura Resources continues optimisation at Nolans NdPr Project in parallel with offtake and project funding activities
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 Investment Decision for the process plant.
A review of the Nolans Project has led to deferral of cerium production to allow focus on ramp-up of production of on-specification high value NdPr.
Arafura Resources Ltd (ASX:ARU) (OTCMKTS:ARAFF) (FRA:REB) continues to work on optimising the Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory of Australia in parallel with offtake and project funding activities.

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