Arafura Rare Earths will conduct a pre-feasibility study (PFS) of a potential Phase 2 expansion of rare earths processing capacity at its giant Nolans project in the Northern Territory. The decision to embark on the $15 million study follows an in-house preliminary study which looked at the potential of the rare earths deposit to support…
Arafura Rare Earths has secured conditional approval for up to US$115 million in loan guarantees from a German inter-ministerial committee – the final approval required to complete the senior debt structure for its giant Nolans rare earths project. Earlier this week the Export-Import Bank of Korea (KEXIM) gave its conditional approval, with the latest approval…
Arafura Rare Earths has received conditional approval for debt financing of up to US$150 million from The Export-Import Bank of Korea (KEXIM), bringing the financing of the giant Nolans Project closer to closure. The financing comprises a direct loan facility of up to US$75.1million and a loan guarantee up to US$74.9 million, with the company…
Arafura Rare Earths has secured conditional approval for up to US$300 million in debt finance from Export Development Canada (EDC) backing its Nolans rare earths project near Alice Springs in the Northern Territory. This builds on the Australian government’s conditional debt finance of US$533 million and should speed the closure of financing on a project…
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…
