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BRIEF-Arafura Resources Signs Additional MoU For Supply Of Rare Earth Products

Published 24/09/2019, 09:14 am
© Reuters.  BRIEF-Arafura Resources Signs Additional MoU For Supply Of Rare Earth Products
ARU
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Sept 24 (Reuters) - Arafura Resources Ltd ARU.AX :

* SIGNED ADDITIONAL MOU FOR SUPPLY OF RARE EARTH PRODUCTS FROM NOLANS NEODYMIUM-PRASEODYMIUM PROJECT IN NORTHERN TERRITORY

* MOU IS WITH BAOTOU TIANHE MAGNETICS TECHNOLOGY CO

* MOU ALLOWS FOR LONG-TERM SALE OF NDPR OXIDE FROM NOLANS

* ARAFURA PLANS TO PRODUCE AN AVERAGE OF 4,357 TONNES OF NDPR OXIDE PER ANNUM FOR 23-YEAR OPERATIONAL LIFE OF PROJECT

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