CAPITAL MARKETS

Arafura finds more savings at Nolans

ONLY weeks after flagging a major cost cutting effort for its Nolans rare earths project in the Northern Territory, Arafura Resources has extended the project’s capex savings to $A504 million.

Justin Niessner
Arafura finds more savings at Nolans

A cost review of Nolans resulted in capex of $1.4 billion, representing a 27% reduction on the August 2012 estimate. This builds on a January reduction in the project’s capex from $1.9 million to...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.