{"id":2810788,"version":0,"headline":"Germany invests $58mn in Aus RE project","dateModified":"2026-04-08T10:40:16Z","datePublished":"2026-04-07T15:33:05Z","articleBody":"<article><p class=\"lead\">German state-owned development bank Kreditanstalt fur Wiederaufbau, operating on behalf of the German Raw Materials Fund, has signed an agreement with Australia's Arafura Rare Earths to invest €50mn ($58mn) in its Nolan Project, the mining company said on 4 April.</p><p>Government agency Export Finance Australia will invest $100mn, Arafura said. The investment will be made through Australia's $5bn Critical Minerals Facility. </p><p>The investments by the two government bodies will support the Nolan Project in Australia's Northern Territory. Arafura plans to produce 4,440 t/yr of NdPr oxide and 470 t/yr of mixed middle-heavy rare earth (SEG/HRE) oxide at the project, which will include both a mine and a processing plant.</p><p>Arafura is aiming to become Australia's first fully integrated ore-to-oxide rare earths operation.</p><p>The company already has a binding offtake agreement with Siemens Gamesa Renewable Energy to supply NdPr oxide from the Nolan Project for manufacturing permanent magnets for offshore wind turbines. </p><p>Arafura is seeking European offtake partners for another 500 t/yr of NdPr oxide. </p><p class=\"bylines\">By Maeve Flaherty</p></article>","dateline":"London, 7 April (Argus)","license":"<footer><p><br> Send comments and request more information at <a href=\"mailto:feedback@argusmedia.com?subject=Argus Direct article feedback&body=I am contacting you regarding Germany invests $58mn in Aus RE project, available at http://direct.argusmedia.com/newsandanalysis/article/cs-24074210.\" target=\"_parent\"> feedback@argusmedia.com </a></p><p><i> Copyright © 2026. <a href=\"http://www.argusmedia.com/\" target=\"_blank\">Argus Media group</a>. All rights reserved. </i></p></footer>","copyrightHolder":"Argus Media group","copyrightYear":2026,"taxonomy":{"contexts":[],"regions":[{"name":"Asia-Pacific","children":[{"name":"Australasia","children":[{"name":"Australia","children":[]}]}]},{"name":"Europe","children":[{"name":"Northwest","children":[{"name":"Germany","children":[]}]}]}],"sectors":[{"name":"Metals","children":[{"name":"Non-ferrous","children":[{"name":"Rare earths","children":[]}]}]}]},"pullQuote":null,"newsType":"Daily news","language":"en-GB","keywords":null,"isFree":true,"isFeatured":false,"body":"<p class=\"lead\">German state-owned development bank Kreditanstalt fur Wiederaufbau, operating on behalf of the German Raw Materials Fund, has signed an agreement with Australia's Arafura Rare Earths to invest €50mn ($58mn) in its Nolan Project, the mining company said on 4 April.</p><p>Government agency Export Finance Australia will invest $100mn, Arafura said. The investment will be made through Australia's $5bn Critical Minerals Facility. </p><p>The investments by the two government bodies will support the Nolan Project in Australia's Northern Territory. Arafura plans to produce 4,440 t/yr of NdPr oxide and 470 t/yr of mixed middle-heavy rare earth (SEG/HRE) oxide at the project, which will include both a mine and a processing plant.</p><p>Arafura is aiming to become Australia's first fully integrated ore-to-oxide rare earths operation.</p><p>The company already has a binding offtake agreement with Siemens Gamesa Renewable Energy to supply NdPr oxide from the Nolan Project for manufacturing permanent magnets for offshore wind turbines. </p><p>Arafura is seeking European offtake partners for another 500 t/yr of NdPr oxide. </p><p class=\"bylines\">By Maeve Flaherty</p>","lead":"German state-owned development bank Kreditanstalt fur Wiederaufbau, operating on behalf of the German Raw Materials Fund, has signed an agreement with Australia's Arafura Rare Earths to invest €50mn ($58mn) in its Nolan Project, the mining company said on 4 April.","cmsId":"24074210","source":"Censhare"}