ARU begins construction on fully funded Nolans rare earth project, targets late 2029 output
ARU says construction of the Nolans ore-to-oxide project begins in September. It cites full funding of over AUD 930 million via equity and strategic investments, with production targeted for late 2029.
Construction of the Nolans ore-to-oxide project is beginning in September and is fully funded by more than AUD 930 million in equity and strategic investments. Key offtake agreements and government support position the company as a leading non-China rare earth supplier, with production targeted for late 2029.