Critical Minerals Factbook
Federal instrument · Loan

Northern Australia Infrastructure Facility loan of up to A$200 million to Arafura (Nolans project)

Northern Australia Infrastructure Facility (NAIF) loan of up to A$200 million for Arafura Rare Earths' Nolans project, 135 km north of Alice Springs in the Northern Territory. The NAIF project page records an Investment Decision in January 2024 to lend up to A$200 million; an Investment Decision is a board approval preceding financial close, so the instrument is recorded at conditional-commitment. No source in this curation pass evidences execution of loan documentation or drawdown.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Conditional commitment

Program: Northern Australia Infrastructure Facility · Northern Australia Infrastructure Facility

Terms

PrincipalA$200M (up to A$200 million per the NAIF project page; 'up to' ceiling, not a drawn amount)

Immutable financial events

  1. Jan 1, 2024 · Conditional commitment

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources