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How Lindian’s $91.5M Boost Sets Kangankunde on Path to Rare Earths Production
8:26am on Thursday 30th of October, 2025 AEDT
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Mining
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How Lindian’s $91.5M Boost Sets Kangankunde on Path to Rare Earths Production
8:26am on Thursday 30th of October, 2025 AEDT
Key Points
Final Investment Decision (FID) confirmed for Kangankunde Stage 1
A$91.5 million institutional placement oversubscribed
Strategic partnership with Iluka Resources includes US$20 million construction loan and 15-year offtake
Mining licence expanded from 900ha to 2,500ha enabling Stage 2 growth
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