Arafura Rare Earths' Nolans Project Final Investment Decision welcomed by DMBG

The Darwin Major Business Group welcomes Arafura Rare Earths' Final Investment Decision on the Nolans Project, marking a significant milestone for the Northern Territory and Australia’s critical minerals future.

This project represents far more than a single development. It is a major vote of confidence in the Territory’s capacity to support globally significant industry, attract long-term investment, and contribute to secure international supply chains for critical minerals.

The Nolans Project highlights the strategic role the Northern Territory can play in Australia’s economic diversification and sovereign capability agenda. From mining and processing through to infrastructure, logistics, energy, workforce development and regional economic participation, projects of this scale create broad opportunities across the Territory economy.

DMBG congratulates Arafura Rare Earths, the Northern Territory Government, Traditional Owners and all stakeholders who have contributed to reaching this important milestone.

As the Territory continues to position itself as a globally competitive destination for investment, developments such as Nolans reinforce the importance of stable policy settings, long-term infrastructure planning, skilled workforce pathways and strong collaboration between industry and government.

The Territory has an important role to play in Australia’s future economic and strategic resilience, and today’s announcement is another strong step forward.