Arafura Resources

Arafura Resources
legal form	Corporation
ISIN	AU000000ARU5
founding	2006
Seat	Perth Australia
management	Richard Brescianini
Number of employees	300
Branch	Mining
Website	https://www.arultd.com/
Status: 2018

Arafura Resources Limited is an Australian mining company focused on rare earth elements , primarily neodymium and praseodymium . The company is headquartered in Perth , Western Australia and is listed on the Australian Stock Exchange. The company operates the Nolans Project in the Nolans Bore in the Northern Territory .

Initially there were plans to build the extensive processing facility at False Bay near Whyalla in South Australia , but that plan was abandoned in April 2013 to process the ore at the mine site. According to its own statements, the company has committed itself to implementing ISO 14001 there . The planning for the construction of the processing plant was submitted for the federal environmental permit and approved after two years of examination. Since the mine has been in operation for several generations, regular controls are essential. Conditions were made because of the interim storage of low-level radioactive material and the amount of water required. After planned development, Nolans' rare earth project will also produce uranium and phosphate as secondary products.

The total investment is estimated at 900 million Australian dollars (586 million euros); up to 300 employees are planned for production. After the mine has been exploited in 35 to 55 years, demolitions and renaturation are planned.

Web links

• Company homepage

Individual evidence

1. ↑ Huge jobs blow as $ 1 billion Arafura Resources Whyalla mineral processing plant scrapped - Adelaide Now , accessed April 19, 2018
2. ↑ Environmental Impact Statement Page 4–12 (PDF)
3. ↑ EPA approves $ 900m rare earths mine in Central Australia despite radioactive risk - ABC News of January 5, 2018
4. ↑ Australia's new boom , Junge Welt February 12, 2018

Coordinates: 31 ° 57 ′ 29.8 ″  S , 115 ° 51 ′ 55.8 ″  E