Deals and financing (11)

1. 2026-05-21 · Offtake · announced

   Export Finance Australia (Critical Minerals Strategic Reserve) → Arafura Rare Earths · Nolans Rare Earths Project

   Arafura took a final investment decision on Nolans and received a non-binding EFA letter of support for potential purchases of up to 500 t/y of NdPr oxide under Australia's Critical Minerals Strategic Reserve.

   official release

2. 2026-05-14 · Offtake · signed

   Traxys North America LLC → Arafura Rare Earths · Nolans Rare Earths Project

   Traxys North America signed a binding offtake term sheet for 500 tonnes a year of NdPr oxide and 7.5 tonnes a year of DyTb oxide from Nolans to supply US manufacturers, potentially including EXIM's Project Vault.

   official release

3. 2026-03-31 · Equity investment · signed · AUD 230

   KfW (German Raw Materials Fund); Export Finance Australia → Arafura Rare Earths · Nolans Rare Earths Project

   Arafura signed binding cornerstone subscription agreements with KfW on behalf of the German Raw Materials Fund (about AUD 84m) and Export Finance Australia (about AUD 146m), totalling about AUD 230 million.

   official release

4. 2025-10-21 · Equity investment · signed · US$100 m

   Export Finance Australia (Critical Minerals Facility) → Arafura Rare Earths · Nolans Rare Earths Project

   EFA gave conditional approval for an equity investment of up to USD 100 million in Arafura under the Critical Minerals Facility, announced alongside the US-Australia critical minerals framework.

   official release

5. 2025-10-21 · Government loan · announced · US$300 m

   Export-Import Bank of the United States → Arafura Rare Earths · Nolans Rare Earths Project

   US EXIM issued a non-binding letter of interest for up to USD 300 million of financing for Nolans, co-funded with EFA, linked to sales of rare earth products to US buyers.

   official release

6. 2025-03-20 · Offtake · signed

   Traxys Europe SA → Arafura Rare Earths · Nolans Rare Earths Project

   Traxys Europe agreed a binding five-year offtake for at least 100 tonnes a year of NdPr oxide from Nolans, extendable to 300 tonnes at Arafura's option.

   official release

7. 2025-01-15 · Government loan · signed · AUD 200

   National Reconstruction Fund Corporation → Arafura Rare Earths · Nolans Rare Earths Project

   The NRFC committed AUD 200 million of 15-year convertible notes as a cornerstone investment in Arafura's Nolans rare earths project, its largest commitment at the time.

   official release

8. 2024-07-01 · Government loan · announced · US$150 m

   Export-Import Bank of Korea → Arafura Rare Earths · Nolans Rare Earths Project

   KEXIM conditionally approved up to USD 150 million for Nolans (a ~USD 75m direct loan and ~USD 75m guarantee, up to 10 years), reflecting Korean offtake from the project.

   official release

and 3 earlier deals