Arafura MD Darryl Cuzzubbo spoke to the AFR’s Brad Thompson about the parallels he sees between the copper and rare earths markets and his strategy for bringing the Nolans Project into production to meet rising demand for ex-China NdPr supply. #NdPr #RareEarths #NolansProject

Arafura’s March quarter highlights are in. “We are moving ever closer to becoming one of only three NdPr oxide producers outside of China.” - Darryl Cuzzubbo MD & CEO #NolansProject #RareEarths #CriticalMinerals #NdPr $ARU $ARU.ax

It’s official: US$533m in funding announced. The Commonwealth Government announced ARU received support to progress the Nolans Project through a US$533m finance package. Read more: bit.ly/3vatzro #NolansProject #NdPr #RareEarths #CriticalMinerals #WesternAustralia

Arafura has executed gas supply agreements (GSAs) with Mereenie field JV partners Central Petroleum, Cue Energy, Macquarie Mereenie and New Zealand Oil & Gas. The GSAs are dependent on several conditions precedent being satisfied by 30/6/24. Read more: bit.ly/49dIlfN

We are pleased to announce the appointment of Mr Darryl Cuzzubbo as the Company’s new Managing Director and Chief Executive Officer. See the full announcement here: bit.ly/494vWuC

We're very pleased to announce today that Arafura has received a Letter of Interest from Canadian export credit agency Export Development Canada for potential financing of up to US$300 million in support of the Nolans Project. Read more here: bit.ly/3NjuFpN

Arafura has signed a binding offtake agreement with wind turbine manufacturer Siemens Gamesa Renewable Energy for up to 400tpa of NdPr metal over five years. This milestone reinforces the globally significant nature of the Nolans Project. Read more at bit.ly/3ZWlwrh

Arafura is pleased to share it has entered into an agreement with @Worley_ECR Chemetics® to install its CORE-SO2TM sulphuric acid technology at the Nolans Project. Read the full announcement here: bit.ly/3ZtsBQe

Arafura has appointed KfW IPEX-Bank as an additional Mandated Lead Arranger and Bookrunner for development of the Nolans Project, to arrange and syndicate the debt financing facility and provide Export Credit Agency structuring advice. Read more here: bit.ly/3XyDXBz

We are pleased to share that eligible existing shareholders can now participate in our Share Purchase Plan (SPP). The SPP will remain open until 5:00pm (Sydney Time) on 30 December 2022. To find out more information, please click the link below. bit.ly/3BCoBDR

And that’s a wrap on our 2022 Movember journey! Thanks to everyone who took part and helped us exceed our fundraising goal, we raised $2150 for men’s mental health and prostate cancer. Movember results below!

There’s exceptional support for our A$121 million placement from global institutions and our cornerstone investor Hancock Prospecting. Awareness of the importance of Nolans Project is growing worldwide. The funds will accelerate our development schedule. bit.ly/3OYoFmO

We’re enthusiastically embracing Movember this month, raising money for men’s mental health and prostate cancer. If you would like to help us reach our fundraising goal, you can donate here: bit.ly/3O8PCnf Stay tuned for the final results!

Nolans Project’s Mining Management Plan (MMP) approved by the Northern Territory Government.✅ The approval puts Arafura one step closer towards achieving FID. For more information regarding the MMP approval, visit: bit.ly/3X3xS0K

Arafura has executed a binding offtake agreement with Hyundai and Kia. The agreement supplies up to 1,500 tonnes per annum of NdPr over a 7-year period. We have also signed a non-binding HoA for potential strategic investment by Hyundai and its affiliates.

Gavin Lockyer will be presenting at the Mineral Sands and Rare Earth Conference on 22/11. The conference will bring together industry figures to discuss the growing needs for rare earths and other minerals in high-tech applications. Find out more here: bit.ly/3rxdUwL

Arafura shareholders got first glimpse of the Nolans Processing Plant flythrough at our AGM. Both the processing plant and mine will be located at Nolans ensuring effective operational outcomes for the company and its customers. Watch the flythrough here: bit.ly/3SqzIoN

“We’re working closely with Hyundai to execute the offtake agreement soon.” Lloyd Kaiser joined Peter Strachan for this week’s episode of Stockhead’s Rocktalk, to provide an insight into recent developments in the rare earths market.

We recently engaged with local Alice Springs company Ekistica to deploy a SODAR unit at our Nolans Project which measures on-site wind speed and direction. Data gathered by the unit will help determine whether wind turbines would be a viable source of renewable energy.