Arafura Rare Earths pushed ahead with engineering work and construction of its giant Nolans rare earths project in the Northern Territory in the latest quarter despite a softening market for the critical metals. The neodymium and praseodymium (NdPr) price declined 17 percent during the quarter from US$76 per kg to $63 due to demand weakness…
Arafura Rare Earths Limited has take a further step in lining up financial backers for its ambitious Nolans rare earths project, 135 kilometres from Alice Springs in the Northern Territory with news of critical debt funding backing. As reported in @AuManufacturing, Arafura is advancing enabling works and equipment procurement including sulphanation bake and cooler units,…
The new kid on the rare earths block Arafura Rare Earths is underway with early works construction at its Nolans rare earths project, 135 kilometres from Alice Springs in the Northern Territory. According to a recent update, Arafura is advancing enabling works and equipment procurement including sulphanation bake and cooler units, funded by its successful…
The first of the navy’s Arafura class offshore patrol vessels (OPV), NUSHIP Arafura, was launched today at the Osborne Naval Shipyard in Adelaide. The vessel is the first in a fleet of 12 OPVs being built to replace the Armidale and Cape class patrol boats. The first two OPVs are being constructed by Luerssen Australia…
Critical minerals developer Cadoux has moved into rare earths processing through the acquisition of a 50 percent stake in emerging downstream processor Minhub Operations (MOPL). Under a two stage acquisition process Cadoux plans to move to 100 percent control of Minhub, which is developing the Minhub third-party downstream heavy mineral sands and rare earths production…
The federal government has provided debt financing to the massive Nolans rare earths project, 135 kilometres from Alice Springs in the Northern Territory. Arafura Rare Earths announced that the federal government would provide conditions debt finance of US$533 million to catalyse the project’s remaining debt raising. As reported in @AuManufacturing, Arafura is advancing enabling works…
Gaia EnviroTech welcomes new investors in decarbonisation Gaia EnviroTech management and team has hosted key investors at its first board meeting following the recent equity investment in Gaia EnviroTech by RFC Ambrian Funds Management (RFM). Bioenergy decarbonisation developer Gaia EnviroTech was spun out of Ballarat, Victoria based Gekko Systems in 2023 in advance of capital…
Cobram Estate now the US’s biggest producer of olive oil Cobram Estate Olives has likely become the largest olive oil producer in the United States following strong growth seen in the just completed 2023 Californian harvest season. The company saw the production of 3.2 million litres of olive oil, 89 percent higher than 29022’s harvest…
The Australian Government is acting to get the Defence acquisition projects back on track with the Projects of Concern process turning to the Arafura class Offshore Patrol Vessel contract. Minister for Defence Industry Pat Conroy, Luerssen Australia’s Chairman Tim Wagner and senior Defence and Luerssen Australia officials met at a Projects of Concern Summit in…
Victorian government announces Skills Solutions Partnerships Program Victorian industry minister Natalie Hutchins announced the $10 million Skills Solutions Partnerships Program at the 2023 Victorian Manufacturing Showcase on Tuesday. As part of the program, government, industry, TAFEs and universities will co-design and pilot new training courses in manufacturing, digital, construction, clean economy, healthcare and social services,…
