Nolans Major Project status extended

The Australian government has renewed the Major Project status of the Nolans rare earths project, in the Northern Territory, for a further three years.

Project owner Arafura Resource son Friday said that the renewal of the Major Project status coincided with the grant of the Nolans mineral lease by the Northern Territory government earlier this month, for an initial 25-year period, and the company’s formal submission to the Territory Economic Reconstruction Commission, which is tasked with developing strategies to accelerate the progress of investment-ready long-life critical mineral projects.