Lindian Resources signs 10-year offtake deal with Carester for Kazakhstan rare earths output

• Lindian signed technology and engineering services deals with Carester to advance an 8,000 tpa REO solvent-extraction oxide separation plant at Stepnogorsk.
• Definitive feasibility study to be run by Carester with Tetra Tech Coffey, targeted for completion in Q4 2026.
• Carester agreed to a binding 10-year offtake for 70% of mixed heavy rare earth compound output, with 5+5-year extension options.
• Agreement also grants Carester a right of first refusal on 70% of mixed heavy rare earth carbonate volumes from SARECO.
• Lindian expects to fund the SX plant from internal cash flow, cash on hand, and AUD 125 million of undrawn Nico credit lines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lindian Resources Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: FR39687) on September 04, 2026, and is solely responsible for the information contained therein.