Arafura raises rare earth funds
Published: Friday, 19 February 2010
Australian developer’s share placement could raise $35m. to advance Nolans project
Resources Ltd hopes to raise over $35m. by issuing new shares
to fund the development of its Nolans rare earths project in
the Northern Territory of Australia.
The Perth-based company is aiming to produce 20,000 tpa rare
earth oxides by 2013 and is working towards a feasibility