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

Reuters2026/09/04 03:45

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Lindian signed a binding long-term offtake with Carester for 70% of mixed heavy rare earth compound (SEGH) output.
Initial term set at 10 years, with two 5-year extension options, taking the deal to as long as 20 years.
Carester also secured a right of first refusal on 70% of Lindian’s mixed heavy rare earth carbonate (MHREC) production.
Supply is intended for Carester’s Caremag refinery in Lacq, France, backed by EUR 216 million in French-Japanese funding.
Carester, with Tetra Tech, will run a definitive feasibility study for an 8,000 tpa REO oxide-separation plant in Kazakhstan by Q4 2026.

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: 202609032343PR_NEWS_EUPR__FR_FR39687) on September 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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

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