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Arafura talks $30 million payday under Modern Manufacturing Initiative

Arafura talks $30 million payday under Modern Manufacturing Initiative

Arafura Resources Ltd (ASX:ARU)'s Gavin Lockyer speaks to Proactive after the company picked up $30 million under the Federal Government’s Modern Manufacturing Initiative. The cash injection will support the rare earth elements-focused explorer and developer as it constructs the $90.8 million rare earth separation plant at its cornerstone Nolans Project in the Northern Territory.