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Arafura Begins Construction of Australia’s Nolans Rare-Earths Operation
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On 27 October, Austrade reported that construction had started at Arafura Rare Earths’ Nolans Project in the Northern Territory, following the project’s final investment decision in May 2026. The project has secured more than US$1.6 billion in committed...
On 27 October, Austrade reported that construction had started at Arafura Rare Earths’ Nolans Project in the Northern Territory, following the project’s final investment decision in May 2026. The project has secured more than US$1.6 billion in committed equity and debt from sovereign-backed institutions across five countries, alongside binding offtake arrangements with buyers in several international markets; the funding package is not a newly awarded supply-chain contract.
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