Lindian Resources Acquires SARECO Rare Earth Plant in Kazakhstan for $15M, Enhancing Malawi Project Integration

Published: Mar 3, 2026 10:04

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LIN (Lindian Resources, ASX: LIN) acquired the core of SARECO, which can be summarized as: through a joint venture with RA, acquiring 100% interest in SARECO's rare earth separation plant (MREC hydrometallurgy plant) located in Kazakhstan for approximately $15 million, providing ready downstream processing capacity for the Kangankunde project in Malawi and accelerating an integrated layout from mine to separated products. The SARECO MREC plant is located in Kazakhstan, where it benefits from low-cost power, water, sulphuric acid, reagents, and skilled labor, facilitating the control of operating costs.

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