Gas supply agreements signed with Mereenie JV Partners
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Arafura Rare Earths Limited has announced the signing of gas supply agreements with Mereenie joint venture partners for its Nolans Project. The agreements involve the supply of natural gas over a three-year term, with an option to extend. These agreements include take-or-pay provisions and are contingent on several conditions being met for the project's development. The Managing Director expressed that securing local natural gas is a significant advancement for the project.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
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Earlier from Arafura Rare Earths
- Appointment of Managing Director and CEO
- Share Purchase Plan Results
- Options Prospectus
- Completion of bookbuild for upsized $25m placement
- Arafura Launches A$20m placement and A$10m SPP
Later from Arafura Rare Earths
- Nzo: signs gas supply agreement with Arafura Rare Earths
- Pause in Trade
- Commonwealth Government supports Nolans with US$533m package
- EDC provides conditional approval for US$300m debt facility
- Conditional approval for up to US$150m from KEXIM
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