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Lindian Resources Hits First Blast at Kangankunde, Secures A$100M to Fund Rare Earths Push
6:27pm on Thursday 30th of July, 2026 AEST
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Mining
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Lindian Resources Hits First Blast at Kangankunde, Secures A$100M to Fund Rare Earths Push
6:27pm on Thursday 30th of July, 2026 AEST
Key Points
First production blast successfully completed at Kangankunde
A$100 million institutional placement fully funds Stage 1 production
Downstream integration progressing with SARECO MREC facility acquisition
Secured low-cost sulphuric acid and fixed-price diesel supply agreements
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Lindian Resources (ASX:LIN)
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