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Arafura inks offtake deal with wind turbine manufacturer Siemens Gamesa

Australia-based Arafura Rare Earths Ltd has struck a five-year offtake agreement with wind turbine manufacturer Siemens Gamesa Renewable Energy, supplying 200 tonnes per annum (tpa) of key elements neodymium and praseodymium (NdPr) from the Nolans project in the Northern Territory.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.