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    Nolans rare earths project: supply, processing and contract notes for mine planners

    May 22, 2026|

    Reviewed by Joe Ashwell

    Nolans rare earths project: supply, processing and contract notes for mine planners

    First reported on Australian Mining

    30 Second Briefing

    Arafura Rare Earths has approved construction of the Nolans rare earths project, 135km north of Alice Springs in the Northern Territory, after more than 20 years of exploration and feasibility work. Backed by federal funding and offtake support from international customers including Hyundai and Kia, Nolans is designed as an integrated mine and processing plant producing neodymium-praseodymium (NdPr) oxide for permanent magnets. The project strengthens non-Chinese supply options for magnet rare earths, with implications for long-term contracts, processing technology selection and downstream value-adding in Australia.

    Technical Brief

    • For other Australian mining projects, Nolans’ integrated flowsheet signals a shift towards local downstream processing.

    Our Take

    The recent final investment decision on the Nolans rare earths project, noted in our 21 May coverage, means this contract award phase is occurring with funding and execution risk already partly de‑risked, which typically sharpens pricing and competition among EPC and mining services bidders in the Northern Territory.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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