Rare Earth Mining Project
Development / FID 2026
2026
Northern Territory Environmental Management Plan approved.
Commonwealth Environment Protection and Biodiversity Conservation (EPBC) approval received.
NT mining lease approved, completing the land access requirement for construction.
DFS confirmed integrated ore-to-NdPr oxide processing at site, targeting 4,440 tpa NdPr oxide.
Binding offtake signed with GS Yuasa for NdPr oxide supply to support EV battery manufacturing.
Debt package from NAIF, Export Finance Australia and Korean co-lenders under finalisation.
FID targeted for 2026 upon financial close of the debt package.
Mining and integrated processing plant construction to begin immediately post-FID.
First commercial NdPr oxide production from the fully integrated on-site facility.
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