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Lincoln Minerals Limited (ASX:LML)

ALERT: Price-sensitive ASX Announcement for LML
Current share price for LML : $0.011 0.001 (10%)+
Announcement
Release
17 Dec 2025 8:26AM
Price at Release
$0.010
Full Release
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Summary
Lincoln Minerals Limited has entered into a Collaboration Agreement with SCN Canada Inc. to explore the use of graphite from Lincoln's Kookaburra Graphite Project in small modular nuclear reactors (SMRs) designed by SCN. This partnership aims to leverage the unique properties of Lincoln's high-purity graphite, supporting SCN's goal of providing safe, carbon-free energy solutions. Located on South Australia's Eyre Peninsula, the Kookaburra Graphite Project is strategically positioned for scalable, low-cost development, promising significant value through potential commercial applications in nuclear technology, pending the outcome of planned feasibility studies by 2026.
Key Points
  • Lincoln Minerals Limited signed a Collaboration Agreement with SCN Canada Inc.
  • The agreement involves investigating the use of graphite from Lincoln's Kookaburra Graphite Project in small nuclear reactors.
  • SCN is designing and optimizing Small Modular Reactors (SMRs) using high-temperature gas-cooled reactor technology.
  • The collaboration aims to leverage Lincoln's graphite for high-value applications and commercialize these assets.
  • The Kookaburra Graphite Project is located on South Australia's Eyre Peninsula and is noted for its near-surface mineralization.
  • The project has a potential NPV10 of $114 million over a 16-year mine life.
  • Lincoln and SCN aim to explore a potential commercial structure and complete scoping and feasibility studies by the end of CY26.
  • No obligation is imposed on either party to enter into a definitive agreement without due diligence and feasibility analysis.
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.