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Arafura Secures A$230m Cornerstone Equity, Advances Nolans Project Toward Final Investment Decision
8:48am on Wednesday 29th of April, 2026 AEST
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Arafura Secures A$230m Cornerstone Equity, Advances Nolans Project Toward Final Investment Decision
8:48am on Wednesday 29th of April, 2026 AEST
Key Points
A$230 million binding equity from Export Finance Australia and German Raw Materials Fund
Acquisition of 208-room camp infrastructure to support construction readiness
66% of binding offtake agreements secured with ongoing European and US negotiations
Cash reserves steady at A$561 million as operational and environmental readiness advance
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Arafura Rare Earths (ASX:ARU)
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