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Energy Fuels to Launch Massive Rare Earth Production in Australia After Key Approval Success
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Energy Fuels Inc. (TSX:EFR) - Donald Work Plan Approval Paves Way for Construction, Financing and FID - Research Portal
The government of Victoria has approved the Work Plan for construction of Astron Corp.’s (ASX:ATR, Not Rated) Donald REE and mineral sands project in which EFR has a right to earn a 49% interest. This is the final major regulatory approval required to allow construction of Phase 1. It allows other activities to continue, namely arranging financing for the A$480M initial Capex, which we anticipate being A$250M debt, A$150M from EFR and A$100M in e
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