Subject to raising finance and approval of its mining management plan, Arafura hopes to start work on construction at the site in 2021, says Arafura managing director, Gavin Lockyer. IMAGE from Arafura's website illustrating rare earths use in car engine.
Five mines in The Centre are at varying stages of development. None have reached final investment decision, but if even just two make it into production, and that is likely, the economic advantages for Alice Springs would be significant, ranging from a big boost in employment to lower airfares for FiFo operations. ERWIN CHLANDA reports. At right: Drilling at Molyhil.
Hopeful producers of tungsten and rare earths pleased with exploration results and are finding high demand as resources make up 72% of the nation's exports in 2018. ERWIN CHLANDA reports. Photo shows tungsten outcrop.
A rare earth mine and processing plant north of Alice Springs employing up to 370 gets closer to a "final investment decision," says Arafura Resources Managing Director Gavin Lockyer (pictured). ERWIN CHLANDA reports.
A rare earths mine north of Alice Springs employing 300 people during operations and up to 500 during construction is getting closer to reality but potential contaminants and radioactive materials warrant "independent technical review and operational oversight," says the NT Environment Protection Authority. ERWIN CHLANDA reports.