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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. ....

Northern Territory , Keith Pitt , Gavin Lockyer , Dan Tehan , Manufacturing Initiative , Australian Federal Government , Nolans Neodymium Praseodymium , Investment Dan Tehan , Northern Australia Keith , Federal Government , Modern Manufacturing Initiative , Front End Engineering , Australian Government , Ministers Tehan , Final Investment Decision , Morrison Government , Finance Australia , Northern Australia Infrastructure Facility , வடக்கு பிரதேசம் , கேய்ட் குழி , கவின் லாக்கர் , உற்பத்தி முயற்சி , ஆஸ்திரேலிய கூட்டாட்சியின் அரசு , வடக்கு ஆஸ்திரேலியா கேய்ட் , கூட்டாட்சியின் அரசு , நவீன உற்பத்தி முயற்சி ,

Arafura Resources Ltd feasibility study update confirms Nolans as "shovel ready world-class" NdPr project


Arafura Resources feasibility study update confirms Nolans as “shovel ready world-class NdPr project
The feasibility study update has 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 is targeting commencement of Front-End Engineering and Design in mid-2021.
Arafura Resources Ltd (ASX:ARU) (OTCMKTS:ARAFF) (FRA:REB) has completed a feasibility study update for its 100%-owned Nolans Neodymium-Praseodymium (NdPr) Project in the Northern Territory, confirming ultra-low operating costs of US$24.76 per kilogram of NdPr oxide.
It outlines robust financial metrics with NPV of $1.4 billion, IRR of 18.1% and average EBITDA of A$354 million per annum based on a life of mine (LOM) of 38 years. ....

Northern Territory , Gavin Lockyer , Nolans Neodymium Praseodymium , Final Investment Decision , Export Finance Australia , Front End Engineering , வடக்கு பிரதேசம் , கவின் லாக்கர் , இறுதி முதலீடு முடிவு , ஏற்றுமதி நிதி ஆஸ்திரேலியா , முன் முடிவு பொறியியல் ,

The Arafura (ASX:ARU) share price is rocketing 11% this morning. Here's why


Shares in
Arafura Resources Limited(ASX: ARU) are soaring in early trade today after the company unveiled its Nolans Project’s feasibility study.
The Arafura share price is up 11.1% at the time of writing, trading at 20 cents apiece.
Nolans is a neodymium-praseodymium (NdPr) project, located in the Northern Territory. It’s 100% owned by Arafura.
Let’s take a look at the project’s feasibility.
Nolans Project
The Nolans Project will include a mine and processing plant, as well as other related infrastructure. It will mine NdPr and produce NdPr oxide on-site.
The feasibility study found Nolans has a mine life of 38 years and the ability to produce 4,440 tonnes of NdPr oxide each year. ....

Northern Territory , Gavin Lockyer , Scott Phillips , Australian Government Department Of The Environment , Northern Territory Environment Protection Authority , Arafura Resources Limited , Nolans Project , Australian Government Department , Arafura Resources , Motley Fool Share Advisor , வடக்கு பிரதேசம் , கவின் லாக்கர் , ஸ்காட் பிலிப்ஸ் , ஆஸ்திரேலிய அரசு துறை ஆஃப் தி சூழல் , வடக்கு பிரதேசம் சூழல் ப்ரொடெக்ஶந் அதிகாரம் , அரபுரா வளங்கள் வரையறுக்கப்பட்டவை , ஆஸ்திரேலிய அரசு துறை , அரபுரா வளங்கள் ,

Arafura Resources says proposed senior debt facility is significant milestone for Nolans project


Arafura Resources says proposed senior debt facility is significant milestone for Nolans project
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. ....

Northern Territory , Gavin Lockyer , Andrew Scott , Nolans Neodymium Praseodymium , Australian Government , Export Finance Australia , Export Credit Agencies , வடக்கு பிரதேசம் , கவின் லாக்கர் , ஆண்ட்ரூ ஸ்காட் , ஆஸ்திரேலிய அரசு , ஏற்றுமதி நிதி ஆஸ்திரேலியா ,