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How Lindian’s US$20M Deal with Iluka Could Transform Rare Earths Supply

9:40am on Wednesday 6th of August, 2025 AEST Mining
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How Lindian’s US$20M Deal with Iluka Could Transform Rare Earths Supply

9:40am on Wednesday 6th of August, 2025 AEST
Key Points
  • US$20 million secured term loan facility from Iluka over five years
  • 15-year binding offtake agreement for 90,000 tonnes of Rare Earth Monazite Concentrate
  • Right of First Refusal for Iluka on Kangankunde Phase 2 expansion funding and offtake
  • Price floor set above Kangankunde’s production costs with downside protection
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