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How Lindian’s $32M Deal with Iluka Could Transform Rare Earths Supply
9:40am on Wednesday 6th of August, 2025 AEST
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Mining
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How Lindian’s $32M Deal with Iluka Could Transform Rare Earths Supply
9:40am on Wednesday 6th of August, 2025 AEST
Key Points
US$20 million (~A$32 million) 5-year construction term loan from Iluka
15-year offtake agreement for 90,000 tonnes of Rare Earth Monazite Concentrate
Right of First Refusal for Iluka on Phase 2 expansion up to 375,000 tonnes
Floor price set above Kangankunde’s production costs with price pass-through
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ILUKA RESOURCES (ASX:ILU)
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