Arafura Rare Earths Approves $1.6 Billion Nolans Project

Arafura Rare Earths approved a $1.6 billion rare earth project in Australia's Northern Territory, expected to be the country’s third-largest operation by decade-end. The company secured financing from U.S., Canadian, German, and South Korean agencies alongside global partners like Hyundai, Kia, Siemens Gamesa RE, and Traxys.

By Reuters Thu, May 21, 2026 at 6:10 AM GMT+3 2 min read · Yahoo Finance ·

Arafura Rare Earths Approves $1.6 Billion Nolans Project

Topics: Infrastructure Investment Mining Projects Rare Earths

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