Lindian Resources Raises AUD 100M for Rare Earth Projects in Malawi and Kazakhstan

[SMM Rare Earth News Flash] Zhong Ke San Huan, a leading enterprise in rare earth permanent magnets, successfully developed ultra-high performance sintered NdFeB permanent magnets. According to authoritative detection by the National Institute of Metrology of China, the magnet achieved a remanence (Br) of 15.32 kGs at room temperature, an intrinsic coercivity (HcJ) of 17.89 kOe, and a BH max of 56.8 MGOe, making it the rare earth permanent magnet with the highest coercivity among all publicly reported ultra-high remanence magnet systems worldwide. The R&D team achieved a major breakthrough in the comprehensive performance of the magnet without excessive reliance on heavy rare earth elements such as dysprosium and terbium.

[SMM Rare Earth Weekly Review: Rare Earth Prices Rose Overall This Week, Market Trading Remained Stagnant] Pr-Nd oxide market prices continued to rise overall. Affected by futures price fluctuations, speculative news, and the superimposed impact of some upstream separation enterprises suspending production, suppliers continuously raised their quotations. Low-priced supplies tightened rapidly, and Pr-Nd oxide prices rose to 755,000-760,000 yuan/mt during the week.

[SMM Rare Earth News Flash] Australian company Arafura Rare Earths announced on April 1 that it had signed binding equity subscription agreements with Germany's KfW and Australia's Export Finance Australia (EFA). The two institutions will jointly invest approximately A$230 million (approximately $159 million) to develop the Nolans rare earth project in the Northern Territory. The project plans to supply 4,440 mt of Pr-Nd oxide per year from H2 2029, accounting for approximately 4% of global supply. Arafura has signed an offtake agreement with Siemens Gamesa and is actively seeking European offtake partners to secure an additional 500 mt/year of Pr-Nd oxide capacity.