
Arafura to build processing plant in NT
BY ELIZABETH FABRI NEODYMIUM and praseodymium explorer Arafura Resources has announced it will build a $US80 million separation plant for its Nolans rare earths project in the Northern Territory as opposed to overseas. The company has been determining the feasibility of the location of the plant for years, with the preferred site originally an industrial estate in South Korea. NT chief minister Michael Gunner said the Government had been working with Arafura throughout the year to secure the plant for the Territory. “Creating local jobs is the Territory Government’s number one priority. “This announcement is a significant vote of investor confidence in the NT and will contribute to the creation of around 500 construction jobs with 350-370...