Arafura DFS shows higher capital, and higher production

ARAFURA Resources’ ambition to develop the A$1 billion Nolans rare earths project in Australia’s Top End looks robust according to definitive feasibility study numbers, with a more expensive development being highly leveraged to improvements in pricing.

Arafura DFS shows higher capital, and higher production Arafura DFS shows higher capital, and higher production Arafura DFS shows higher capital, and higher production Arafura DFS shows higher capital, and higher production Arafura DFS shows higher capital, and higher production

Nolans has a 23-year mine life.

The Perth-based company is looking to produce 4357 tonnes of neodymium-praseodymium oxide, some 21% more than previous estimates, at what it says are "ultra-low costs" of US$25.94 per kilogram.

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