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ASX Announcement
Quarterly Activities Report and Appendix 5B
31 March 2019
Highlights
• Nolans Definitive Feasibility Study delivers robust project economics
• DFS positions Nolans as a globally significant and strategic NdPr project,
100%-domiciled in Australia with low political risk
• DFS includes fully costed permanent disposal of mine and process plant
waste residues at Nolans
• Substantial progress with Nolans rare earth products offtake agreements
• Nolans marketing strategy targets groups seeking NdPr supply
diversification, product traceability and sustainable operations
• Nolans progressing discussions for financial support from the Australian
Government’s Northern Australia Infrastructure Facility
• Arafura commences community engagement for development of an
Indigenous Engagement Strategy for Nolans
• Cash position $4.941 million at 31 March 2019, further strengthened by $3
million placement completed in April.