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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.

Haydn Black
GB-arafura-nolans-resource-drilling.jpg

GB-arafura-nolans-resource-drilling.jpg

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.   Arafura...

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