Gina Rinehart backed Arafura Rare Earths (ASX: ARU) has signed a binding offtake agreement with global trading company Traxys to supply up to 850tpa of neodymium-praseodymium oxide from its Nolans project.
Rinehart-backed Arafura expands US offtake deal
The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.
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