BRIEF-Arafura Rare Earths Says Progress Continued Towards A Final Investment Decision For Nolans Project (Nolans) In Northern Territory Throughout Q1 Of Year
Arafura Resources Limited explores and develops mineral properties in Australia. The company explores for rare earth deposits, as well as tungsten, copper, and vanadium deposits. Its principal project is the Nolans project, a rare earths-phosphate-uranium-thorium deposit that supplies neodymium and praseodymium products located in Northern Territory, Australia. The company is also involved in mining and associated infrastructure, and social and environmental feasibility evaluations. Arafura Resources Limited was incorporated in 1997 and is based in Perth, Australia.