What is the core volume agreement in the new Arafura Rare Earths contract?

Arafura Rare Earths Limited (ASX:ARU) executed a binding term sheet to supply 500 tonnes per annum of neodymium-praseodymium oxide. The agreement spans a minimum five-year period with an option to extend for a further two years.

How is the pricing structured for the Arafura Rare Earths supply deal?

Arafura Rare Earths Limited (ASX:ARU) will determine supply pricing based on a seaborne traded index. This index-based pricing mechanism will apply across the initial five-year supply timeframe.

What is the current funding status for the Arafura Rare Earths Nolans Project?

Arafura Rare Earths Limited (ASX:ARU) stated that its funding strategy is nearing completion as lenders work through final credit approvals. These approvals are required before the company can execute final project finance documentation.

What is the construction timeline for the Arafura Rare Earths Nolans Project?

Arafura Rare Earths Limited (ASX:ARU) forecasts that site construction will commence in September 2026. This timeline remains subject to the company achieving remaining milestones, including debt and equity funding and shareholder approvals.

What infrastructure has Arafura Rare Earths already completed at the site?

Arafura Rare Earths Limited (ASX:ARU) has completed the reinstatement of site-based camp facilities, water, and power infrastructure. These initial activities were finished following the company's final investment decision on May 21.

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Arafura Rare Earths inks agreement for neodymium-praseodymium oxide supply

Written by Mahathir BayenaPublished Jun 30, 2026, 2:46 AM

Arafura Rare Earths signed a binding term sheet with an Indian industrial group to supply 500tpa of neodymium-praseodymium oxide.
The company's funding strategy is nearing completion as lenders process final credit approvals.
The agreement supports development plans ahead of targeted construction commencement in September.

Arafura Rare Earths (ASX:ARU) executed a binding term sheet to supply 500tpa of neodymium-praseodymium oxide.

This agreement follows the final investment decision for the Nolans Project announced on May 21.

Pricing for the supply over the initial five-year period will be based on a seaborne-traded index.

The company stated that lenders are processing final credit approvals ahead of executing project finance documentation.

Following the announcement, the Arafura share price was unchanged at $0.16.

Site-based camp facilities, water, and power infrastructure have already been completed at the project location.

Construction at the site remains on track to commence in September subject to remaining milestones.

Arafura Rare Earths inks agreement for neodymium-praseodymium oxide supply

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