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How Lindian Resources Is Fast-Tracking Rare Earths Production with a $15M Plant Buy
9:50am on Tuesday 3rd of March, 2026 AEDT
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Mining
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How Lindian Resources Is Fast-Tracking Rare Earths Production with a $15M Plant Buy
9:50am on Tuesday 3rd of March, 2026 AEDT
Key Points
Acquisition of 100% ownership in SARECO MREC processing plant via joint venture
Transforms Lindian from concentrate-only producer to integrated downstream processor
Purchase price of US$15 million, significantly below greenfield build cost estimates
Targeted MREC production start by Q4 2026 with ~12,500 tonnes per annum feedstock
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Lindian Resources (ASX:LIN)
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