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Arafura Resources Ltd buoyed as Federal Ministers pledge support for Nolans Neodymium-Praseodymium Project in Northern Territory


Arafura Resources buoyed as Federal Ministers pledge support for Nolans Neodymium-Praseodymium Project in Northern Territory
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.
The company has received a letter of support from two Australian Government Ministers.
Arafura Resources Ltd (ASX:ARU) (OTCMKTS:ARAFF) (FRA:REB) is encouraged by the strong support being demonstrated by the Australian Federal Government for the Nolans Neodymium-Praseodymium (Nd-Pr) Project in the Northern Territory.
The latest show of support is in the form of a letter from the Minister of Trade, Tourism and Investment Dan Tehan and the Minister for Resources, Water and Northern Australia Keith Pitt. ....

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Australia's hydrogen industry celebrates production milestone


Joint media release with Minister for Resources, Water and Northern Australia Keith Pitt
A world-first demonstration of an international hydrogen energy supply chain commenced operations today in Australia.
The start of Hydrogen Energy Supply Chain (HESC) operations in the Latrobe Valley, Victoria marks an important day for Australia’s hydrogen industry. The HESC project will produce hydrogen using coal from Victoria’s Latrobe Valley, with the liquefied hydrogen to be exported to Kobe in Japan.
This world leading project is an important step in developing Australia’s hydrogen industry, which is estimated could generate more than 8,000 jobs, many in regional Australia, and over $11 billion a year in GDP by 2050. ....

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