Arafura Rare Earths LimitedASX: ARU

Scpoe of Nolans Rare Earth BFS Expanded

· Issued by Arafura Rare Earths Limited

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Arafura Rare Earths Limited has expanded the scope of its Bankable Feasibility Study for the Nolans Project to focus on simplifying the production process of rare earth products. The completion date for the BFS has been extended by several months to accommodate additional work aimed at reducing costs and risks associated with the project. The company is currently well funded and anticipates needing additional financing for the expanded BFS and related costs. Major work includes optimizing the beneficiation circuit and further developing separation technology for rare earth oxides.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Arafura Rare Earths Limited on 6ix