Australia to provide $550 mln for country's first rare earths mine and refinery
SYDNEY, March 14 (Reuters) - Australia will provide up to A$840 million ($550 million) for a combined rare earths mine and refinery in the north of the country, to be operated by mineral explorer Arafura ARU.AX , Prime Minister Anthony Albanese said on Thursday. ($1 = 1.5088 Australian dollars) (Reporting by Melanie Burton; Editing by Jacqueline Wong) ((lewis.jackson@thomsonreuters.com; +61477406822; Reuters Messaging: @lewjackk))
Recent news on Arafura Rare Earths
See all newsBrief: Arafura Rare Earths Enters Binding Offtake Agreement
Brief: Arafura Rare Earths Extends Offtake Agreement With Global Wind Turbine OEM
Australia's Arafura gains on extending offtake deal with global wind turbine maker
Brief: Arafura Rare Earths Says Peter Sherrington To Resign As CFO
Arafura Rare Earths set to mark best week in 2 months on rare earth feed deal