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Can Arafura Secure €100M from Germany to Power Nolans Rare Earths Project?
9:27am on Tuesday 29th of July, 2025 AEST
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Mining
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Can Arafura Secure €100M from Germany to Power Nolans Rare Earths Project?
9:27am on Tuesday 29th of July, 2025 AEST
Key Points
Nolans Project enters appraisal phase for €100 million equity from German Raw Materials Fund
Active marketing in Germany targets cornerstone offtake partners supporting funding
US Department of Defense sets NdPr floor price, signaling price bifurcation
Cash balance at A$27 million with ongoing engineering and environmental approvals
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Arafura Rare Earths (ASX:ARU)
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