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Arafura Resources Ltd.
Summary
| Project: | Nolans | |
|---|---|---|
| Deposit: | Nolans Bore | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 5/14/2018 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 14-5-2018: Arafura Resources Ltd. announces an EIA/ESIA report for its Nolans Bore deposit at the Nolans project. Project has secured environmental approval from Australian government. Arafura Resources Limited (ASX: ARU) (Arafura or the Company) is pleas | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Arafura Resources Limited (ASX: ARU) (Arafura or the Company) is pleased to advise that it has received environmental approval from the Australian Government for its 100 per cent-owned Nolans Neodymium-Praseodymium (NdPr) project in the Northern Territory. This is a key milestone in the project’s advancement towards a final investment decision (FID). This approval represents the final step in the project’s environmental approvals process. It follows receipt by Arafura in December of the Northern Territory Environment Protection Authority’s (NT EPA) environmental impact assessment report which also recommends the project can proceed. The Australian Government’s assessment, which was completed under the Environment Protection and Biodiversity Conservation (EPBC) Act, recommends a number of conditions, some of which relate to important project environmental aspects such as biodiversity, groundwater and radiation. Arafura will incorporate these and the NT EPA’s conditions in the final Mining Management Plan (MMP) for the project which the Company intends preparing during the second half of 2018. Final project construction and operating approvals will be obtained when the Northern Territory Department of Primary Industry and Resources issues a mining authorisation and approves the activities in the MMP. | |
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