Lindian Locks in Fuel Deal Ahead of Malawi Rare Earths Ramp-Up

Lindian locks in fuel deal ahead of Malawi rare earths ramp-up

Lindian Resources has secured a fixed-price diesel supply for its Malawian rare earths project, de-risking its construction and commissioning ahead of first production later this year.

Lindian Resources (ASX:LIN) Fixed diesel at US$2.83, Stage 1 edges closer to first production

Fuel locked in, debt-free, and construction on track, Kangankunde is tightening its cost profile There are two things you want to see from a pre-production mining company heading into its first commissioning period. The first is that the money is actually in the bank. The second is that input costs are not going to blow out before a single tonne of ore is processed. Lindian Resources (ASX:LIN) has addressed both of those concerns in the last few…

Lindian secures fuel, cost certainty for Kangankunde rare earth development

Up to 500,000 litres of diesel secured at a fixed price. Agreement timetable covers project construction and commissioning. Fuel supply secured with established Malawian operator. Lindian Resources (ASX:LIN) is powering up its Kangankunde rare earths project in Malawi with the signing of a 12-month fixed-price diesel supply agreement. The fixed-price supply agreement with leading local fuel supplier Petroda Malawi is for up to 500,000 litres of …