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ARU FID achieved for Nolans Project; funding secured, FY2027 construction set

ARU says its Final Investment Decision is achieved for the Nolans Project after major funding was secured, expanded offtake agreements, and construction readiness reached for FY2027. Net loss rose to $41.1M.

ARU

Final Investment Decision for Nolans Project marked a pivotal year, with major funding secured, expanded offtake agreements, and construction readiness achieved.

Net loss increased to $41.1M due to accelerated development, while equity and debt funding positioned the project for execution.Original…