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Old 02-12-2024, 12:16 PM
Sparty Sparty is offline
Join Date: Mar 2009
Posts: 1,880
Default CTP to supply gas to ARU

Arafura is developing the Nolans rare earth project, 135 kilometres north of Alice Springs,
targeting one of the world’s largest undeveloped Neodymium and Praseodymium resources,
critical to meeting rapidly growing global demand for electric vehicles and renewable energy

Central Petroleum Limited (“Central”) has signed a gas supply agreement (“GSA”) with
Arafura Rare Earths Limited subsidiary Arafura Nolans Project Pty Ltd (“Arafura”)
for up
to 6.85 Petajoules (“PJ”) of gas (net to Central) to be supplied to Arafura for up to 5
years from 2026.



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