middle.news

How Lindian’s $91.5m Raise and Iluka Deal Propel Kangankunde Rare Earths Project

8:24pm on Friday 29th of August, 2025 AEST Mining
Read Story

How Lindian’s $91.5m Raise and Iluka Deal Propel Kangankunde Rare Earths Project

8:24pm on Friday 29th of August, 2025 AEST
Key Points
  • Final Investment Decision approved for Kangankunde Rare Earths Project
  • A$91.5 million institutional placement at A$0.21 per share to fully fund Stage 1
  • US$20 million term loan facility secured from Iluka Resources
  • 15+15 year strategic offtake agreement with Iluka for monazite concentrate
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about LIN
OPEN ARTICLE