Lindian Resources Signs Carester Offtake for 70% of SEGH Carbonate-Kazakhstan Strategy Advances Toward Separated Rare Earth Oxides

Highlights

• Lindian secured an exclusive option over 13,389 tonnes of Aktau technogenic mineral formations potentially rich in dysprosium, terbium, and yttrium.
• Carester SAS will purchase 70% of mixed heavy rare earth carbonate from SARECO and help develop an 8,000-tpa REO separation facility at Stepnogorsk.
• Pricing is linked to realized Dy, Tb, and Y values plus any government price-floor support, giving Lindian exposure to ex-China scarcity premiums.
• Aktau holds no established Mineral Resource or Ore Reserve, and grade, recovery, and economic viability remain unproven pending initial testwork.
• At A$1.41 billion market cap, LIN stock already prices in significant future execution, making upcoming assay results and DFS milestones critical.