Deals and financing (3)

1. 2026-09-03 · Offtake · signed

   Carester → Lindian Resources · Stepnogorsk 8,000 tpa REO solvent-extraction facility

   Lindian and Carester agreed a binding offtake for 70% of mixed heavy rare earth output from a planned 8,000 t/y REO separation plant at Stepnogorsk, Kazakhstan, plus a technology and engineering services agreement for its feasibility study.

   official release

2. 2026-08-10 · Acquisition · signed · US$20 m

   Lindian Resources → Former owners Sumitomo Corporation / Kazatomprom (via JV partner) · SARECO mixed rare earth carbonate hydromet facility (Stepnogorsk)

   Lindian agreed to acquire the remaining 49% of the SARECO rare earth carbonate hydrometallurgical plant at Stepnogorsk, Kazakhstan - previously built and run by Sumitomo and Kazatomprom - for 100% ownership, at a USD 20 million purchase price on a 100% basis.

   official release

3. 2025-08-06 · Offtake · signed · US$20 m

   Iluka Resources → Lindian Resources · Kangankunde Rare Earths Project

   Iluka signed a 15-year offtake for 6,000 t/y of monazite concentrate from Lindian's Kangankunde project in Malawi and a binding term sheet for a USD 20 million five-year construction loan.

   official release