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Arafura's Nolans Project Gains Momentum with Potential AU$100M Boost from Export Finance Australia
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Arafura's Nolans Project Gains Momentum with Potential AU$100M Boost from Export Finance Australia
Arafura Rare Earths (ASX:ARU,OTC Pink:ARAFF) said on Tuesday (August 12) that Export Finance Australia (EFA) has provided it with a non-binding letter of interest regarding a potential investment in its Nolans project.EFA doesn't specify the amount of funding, but Reuters reported that it is likely to be around AU$100 million.The EFA investment is in addition to Arafura's AU$200 million in funding from the National Reconstruction Fund Corporatio…
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