Joining the podcast today is Darryl Cuzzubbo, Managing Director of Arafura Rare Earths (ASX:ARU), to share a comprehensive update on the Nolans Project and what lies ahead for one of Australia’s most strategic critical minerals developments.
In this episode, Darryl outlines the company’s single-point focus: progressing Nolans to a Final Investment Decision while building a foundation for long-term success in the global rare earths market.
🎙️ Topics we covered:
- 🧭 Introduction to Arafura Rare Earths and the strategic vision behind the Nolans Project
- 📈 Execution of a $200 million cornerstone investment by the National Reconstruction Fund
- 📦 Securing 66% of planned offtake, including a new agreement with Traxys Europe SA
- 🌍 The shifting geopolitical landscape, US-China trade tensions, and bifurcation in rare earth pricing
- 🏗️ Engineering progress, gas supply negotiations with Tamboran Resources, and updated project schedule
- 🌱 ESG commitment, net-zero pathway, and stakeholder engagement at national and international levels
- 💸 Equity and debt funding mix, cost management initiatives, and an extended financial runway
- 🚀 Arafura’s future vision: becoming a reliable Tier 1 supplier of NdPr for the global clean energy and defence sectors
