Donald gains major project status

Donald Rare Earths Project Gains Major Project Status

Astron (ASX:ATR) said on Monday (October 20) that the Australian Government has granted Major Project Status to the Donald rare earth and mineral sands project, its joint venture with Energy Fuels (NYSE:UUUU,TSX:EFR).Donald is located approximately 300 kilometres northwest of Melbourne in Minyip, Victoria, Australia and is regarded as “one of the world's most significant rare earths resources outside China.” It currently holds a total mineral re…

Donald gains major project status

Image: Joaquin Corbalan P/stock.adobe.com The Federal Government has granted major project status to Astron’s Donald rare earth and mineral sands project in Victoria, recognising its significance and its potential contribution for economic growth for the country. The designation, awarded through the Major Projects Facilitation Agency (MPFA), recognises projects with an estimated investment exceeding $50 million that contribute to strategic gover…