Arafura Rare Earths is now searching for more private investment following the Federal Government announcing an additional infusion of $200 million to help develop its rare earths mine and processing facility in the NT, bringing the total public funding commitment to the project to more than $1 billion.

The company behind the Rare Earths Nolans Project, which received $840 million in loans and grants from the Federal Government early last year, is set to make a final investment decision in the first half of this year.

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