TheTechno Optimist.

Nolans NdPr ProjectArafura Rare Earths—Arafura begins Nolans construction following successful FID with 30-month development scheduleNolans NdPr ProjectArafura Rare Earths—Arafura Rare Earths reaches Final Investment Decision on Nolans, raising AUD 375 million equity

Arafura Rare Earths

NdPr, neodymium, praseodymium, rare-earth mining and refining

AUpublicest. 1997arultd.com (opens arultd.com)Checked 11 Oct

The brief

Analyst view
  • Nolans targets 4-5% of global rare-earth supply.
  • FID May 2026 with AUD 375M institutional placement and A$430M government/export-credit backing.
  • Construction began September 2026; first production targeted mid-to-late 2029.

Technical approach

As reported
Deposit

Nolans carbonatite deposit

The Nolans deposit near Alice Springs is a carbonatite complex containing neodymium, praseodymium, dysprosium and other rare earths as primary ore minerals.

Mining

Open-pit mining

Nolans will be mined as an open pit with conventional mining methods. The ore is extracted and initially concentrated on site.

Processing

Integrated refinery

On-site hydrochloric acid leaching and ion-exchange produce rare-earth oxides.

Primer