Arafura Rare Earths secures $159 million to boost Nolans project
Geopolitics · Mining.com ·
Arafura Rare Earths has secured A$230 million ($159M) in equity funding from Germany's KfW development bank and Export Finance Australia to develop its Nolans rare earths project in Australia's Northern Territory. The project aims to produce 4,440 metric tons per year of NdPr oxide, representing about 4% of global supply.