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Arafura turns Nolans into a construction project with A$885 million in reserves
11:28am on Friday 30th of October, 2026 AEDT
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Arafura turns Nolans into a construction project with A$885 million in reserves
11:28am on Friday 30th of October, 2026 AEDT
Key Points
Early site access, mobilisation and the first construction contract commenced
Approximately A$700 million of procurement scope advanced, with a further A$350 million of tenders expected within six months
A$885 million held in cash and term deposits at 30 September 2026
500-tonne-per-year wind turbine offtake extended on seaborne index-linked pricing
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