Arafura signs binding 5-year offtake for 850 t/yr NdPr oxide from Nolans
صفقة مُبرمة – Australia
Arafura Rare Earths signed a binding five-year agreement to sell 850 t/yr of NdPr oxide from its Nolans project in Australia's Northern Territory to an unnamed global raw materials trader linked to the US Project Vault programme. Pricing will follow an independent seaborne index, and the deal can be extended twice by two years.
| Lead type | Deal / award |
|---|---|
| Status | Deal signed – freight, inspection & finance needed |
| Product | Neodymium-praseodymium (NdPr) oxide |
| Product group | Metals, ores & minerals · HS 26, 74–81 |
| Quantity | 850 t/yr |
| Price | Linked to an independent seaborne NdPr index (e.g. Benchmark or Platts) |
| Buyer | Unnamed global raw materials trading company (US Project Vault) |
| Supplier / seller | Arafura Rare Earths |
| Country | Australia · Asia & Pacific |
| Origin | Australia (Nolans project, Northern Territory) |
| Delivery / terms | 5 years plus two optional 2-year extensions; first production targeted early-to-mid 2029 |
| Published | 12 Oct 2026 |
| Source | Mining Weekly |
What to do
This deal is done – use it as a buying signal. The buyer imports this product, often on a regular cycle, so competing suppliers can prepare for its next tender. The shipment itself will need vessels and freight, inspection and testing, cargo insurance, trade finance, port handling and customs services.
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