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Australia's $1 Billion Dollar Mining Project
Australia's $1 Billion Dollar Mining Project
In Australia's Northern Territory, 135 kilometres north of Alice Springs, the Nolans Project will consist of a mine, a processing complex (including plants for beneficiation, extraction, and separation), and supporting infrastructure. The Project is supported by low-risk mineral resources with the capacity to meet a sizeable share of global NdPr demand. It is a strategically important and globally significant NdPr project that, when finished, will dominate the supply of these vital minerals to the market for high-performance NdFeB permanent magnets. The Project will gain from having an Australian address and being close to facilities for transportation, water, and energy.
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