Mining Intelligence and News
Australia

Nolans Project

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Categories

Overview

Mine TypeOpen Pit
StagePermitting
Commodities
  • REE
Mining Method
  • Truck & Shovel / Loader
Project Timeline... Lock
Mine Life... Lock
SnapshotNolans is a world-class, shovel-ready Australian NdPr project that will supply ~4% of the world's NdPr oxide demand.

A wide range of enabling works and early construction activities on site at the Nolans Project commenced in the second half of 2023 financial year. In effect, Arafura has ‘broken ground’ on site and established the infrastructure and services required to support an ongoing construction workforce, setting the stage for a move to full construction.

During the third quarter of the 2024 the Arafura continued to execute its funding strategy to reach a final investment decision (FID) for the Nolans Project.

Nolans is shovel ready and the Arafura will commence construction activities once FID has been reached.

Owners

SourceSource
CompanyInterestOwnership
Arafura Rare Earths Ltd. 100 % Indirect
The Nolans Neodymium-Praseodymium (NdPr) Project is the 100%-owned by Arafura Resources Limited.

Contractors

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Deposit type

  • Vein / narrow vein
  • Pegmatite

Summary:

The Nolans Bore deposit is spatially close to several tin and tantalum pegmatites, and REE-bearing carbonatite/alkaline complexes (Mud Tank and Mordor Igneous Complex). This mineral field of carbonatites, pegmatites, and other REE occurrences is in a region transacted by three major lineaments delineated by O’Driscoll, which include the north–northwest trending G2-gravity lineament that is considered to be spatially related to the Olympic Dam deposit and northwest-trending G3-gravity.

The mineralisation at the Nolans Bore deposit is hosted in a series of east-northeast trending, and steeply dipping to the northwest, fluorapatite veins and breccia zones. The granite-gneiss host has been strongly kaolinised due to weathering.

Huston et al. (in press) describe four styles of mineralisation: massive fluorapatite veins that typically contain 4–6% REE oxides and constitute most of the defined resource; very high-grade (7º–10% REE oxide) zones found in cheralite-bearing, apatite-poor kaolinitic zones outside of the veins; apatite allanite epidote zones hosted by calc-silicates; and low-grade stockwork zones in gneiss and kaolinitised rock adjacent to the veins and mylonite zones.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityProductUnitsAvg. AnnualLOM
P2O5 Acid kt 782,813
Nd2O3+Pr6O11 Oxide t 4,440157,946
Middle Rare Earth Oxides t 47420,480

Operational metrics

Metrics
Annual production capacity  ....  Subscribe
Annual processing capacity  ....  Subscribe
Tonnes processed, LOM  ....  Subscribe
* According to 2022 study.

Production Costs

CommodityUnitsAverage
Credits (by-product) Nd2O3+Pr6O11 USD  ....  Subscribe
Cash costs Nd2O3+Pr6O11 USD  ....  Subscribe
Cash costs Nd2O3+Pr6O11 USD  ....  Subscribe
Assumed price Nd2O3+Pr6O11 USD  ....  Subscribe
* According to 2022 study / presentation.
** Net of By-Product.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M AUD  ......  Subscribe
OP OpEx $M AUD  ......  Subscribe
After-tax NPV @ 8% $M AUD  ......  Subscribe
After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Dec 13, 2024
....................... Subscription required ....................... Subscription required Subscription required Dec 13, 2024
....................... Subscription required ....................... Subscription required Subscription required Dec 13, 2024
....................... Subscription required ....................... Subscription required Subscription required Dec 13, 2024

Total WorkforceYear
...... Subscription required 2021

Aerial view:

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