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Lindian Resources Limited (ASX:LIN)

ALERT: Price-sensitive ASX Announcement for LIN
Current share price for LIN : $0.785 0.025 (3.29%)+
Announcement
Release
15 Jul 2026 8:23AM
Price at Release
$0.760
Full Release
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Summary
Lindian Resources Limited announced that the ANSTO testwork confirmed high metallurgical performance with a 98% NdPr extraction rate from Kangankunde monazite concentrate. The entire downstream processing route, including sulphuric acid bake, water leach, impurity removal, and carbonate precipitation, was validated, achieving significant NdPr and TREY extraction rates. The final mixed rare earth carbonate (MREC) product was certified exempt from radioactive transport and handling under international standards, which simplifies logistics and regulatory processes. The program confirmed compatibility with the existing processing facility at SARECO in Kazakhstan, supporting Lindian's integrated rare earth production strategy.
Key Points
  • ANSTO confirmed 98% NdPr extraction from Kangankunde monazite concentrate.
  • The entire downstream flowsheet was validated, producing MREC using a conventional sulphuric acid bake.
  • 98% NdPr extraction and 96% TREY extraction were achieved in large-scale tests.
  • The final MREC product is exempt from radioactive transport and handling under IAEA standards.
  • The process is compatible with the SARECO processing facility in Kazakhstan.
  • Actinium-227 levels were below analytical detection limits, simplifying logistics.
  • The program supports Lindian's strategy for integrated rare earth production.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.