Arafura Resources Ltd (ASX:ARU) managing director Gavin Lockyer speaks to Proactive about the granting of Mineral Leases (MLs) at its Nolans Neodymium-Praseodymium (Nd-Pr) Project in the Northern Territory.
The MLs, which will host the Nolans mine, process plant, waste storage facilities and accommodation village, were granted to Arafura’s wholly-owned subsidiary Arafura Rare Earths Pty Ltd (ARE) for an initial term of 25 years by the Northern Territory Minister for Primary Industry and Resources, Paul Kirby.
Lockyer said this was an exciting time as it represented the last regulatory hurdle for the project and the company.
“This is a fantastic step forward,” he said.
