Arafura Resources

Arafura Resources Limited (ASX: ARU) is an Australian rare earth development company focused on the commercialization of its Nolans Neodymium-Praseodymium (NdPr) Project in Australia's Northern Territory. The Company plans to produce 4,357 tonnes of separated NdPr oxide and 603 tonnes of SEG-HRE carbonate (containing heavy rare earths) each year for a minimum of 23 years from its mining and processing operation. The project has a completed feasibility study and full environmental permitting. Arafura anticipates commencing construction in early 2021 subject to securing project funding.