Arafura Expects FID for Northern Territory Project in Coming Months

MT Newswires Live

01/29

Arafura Rare Earths (ASX:ARU) said that it expects to move to a final investment decision (FID) at its Nolan project in the Northern Territory in the coming months, according to a Thursday filing with the Australian bourse.

The company will finalize agreements by the end of the quarter and seek shareholder approval in the following quarter, to call for an FID at the project, the filing said.

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