(MENAFN - ProactiveInvestors - Australia) Arafura Resources (ASX:ARU) has added to its rare earths product portfolio by successfully producing a separated Lanthanum oxide, which now takes its rare earths oxide offering to five.
The products are from the Nolans Bore resource in 2012 and include ceium oxide, Nd/Pr oxide, didymium oxide, SEG Oxide such as "mids" rare earth oxide (Sm, Eh, Gd) and heavy rare earths oxide including Tb, Dy, Ho, Er, Tm and Yb.
All products have been produced at pilot scale and demonstrate a further stage of Arafura's development within the Nolans project.
Arafura has been producing separated rare earth oxide products to key customers for evaluation and such testing have been done by Japan, Korea and Europe.
Rare earths are essential to products with significant growth potential in the electronics and clean technology industries. They are fundamental to products such as turbine generators, efficient lighting, automotive catalytic convertor and strategic components in defense equipment.
Arafura's Lanthanum product is targeting the nickel metal hydride batteries market which powers electric and hybrid vehicles and fluid cracking catalysts used for processing crude oil.