Arafura hooks further taxpayer support

ARAFURA Resources is a little closer to project sanction of its flagship Nolans rare earths mine, 135km north of Alice Springs in the Northern Territory, with the potential of a further loan from the federal taxpayer.

Arafura hooks further taxpayer support Arafura hooks further taxpayer support Arafura hooks further taxpayer support Arafura hooks further taxpayer support Arafura hooks further taxpayer support

Nolans is ready for development

It has received a letter of support from the A$5 billion Northern Australia Infrastructure Facility, which could lay the groundwork for a $100 million senior debt facility with a 15-year term.

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