EDITOR: | January 31st, 2013

Arafura Quarterly Activities Report and Appendix 5B

| January 31, 2013 | No Comments
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January 31, 2013 ( Source: Arafura Resources Ltd) — Arafura Quarterly Activities Report and Appendix 5B

Highlights

  • World scale and independently verified maiden JORC Ore Reserve for the Nolans Rare Earth Project
  • Fifth Rare Earth Oxide (Lanthanum Oxide) separated to 99% purity
  • Solid progress in feasibility work streams
  • Chinese rare earths experts approached to assist with achieving technical process and design efficiencies and cost reductions
  • Settlement of A$10 million placement to strategic partner and major shareholder, ECE
  • Tax Refund of A$22.5 million received for FY12 R&D spend
  • Farm-in agreement executed with Rox Resources Limited (ASX:RXL) to explore Bonya Copper Project.

To review this PDF announcement click here


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