Arafura continues to execute its offtake strategy, following validation of final rare earth oxide (REO) products
from the Nolans Project flowsheet pilot program by supply chain partners from Europe, Japan and China. With
strong engagement among customers seeking long-term strategic supply of NdPr, the Company has been in
advanced discussion for product over 260% of its annual nameplate production of 4,440 tonnes per annum
NdPr oxide. More recently, the Company’s focus has shifted to progressing negotiations with customers
aligned with its ECA debt funding strategy.
Would be happy to see 100% offtake first before talking about 260% over the nameplate supply.
Ann: Half Year Accounts, page-2
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