Lindian Resources partners with Carester on Rare Earth Processing Facility in Kazakhstan
Lindian Resources has formed a strategic partnership with French rare earth specialist Carester SAS to develop an oxide separation facility in Stepnogorsk, Kazakhstan. The proposed plant will process up to 8,000 tonnes per annum and is designed to produce high-purity neodymium-praseodymium (NdPr) oxides as well as separated heavy rare earth compounds. The partnership includes a binding long-term offtake agreement under which Carester has committed to purchase at least 70% of the mixed heavy rare earth carbonate produced annually for an initial period of ten years, with potential extensions. This collaboration supports Lindian's strategy to move further downstream in the value chain and increase its exposure to higher-value rare earth products. The facility will complement SARECO’s existing hydrometallurgical plant by accepting feedstock from both internal sources like Malawi’s Kangankunde Rare Earths Project as well as third-party materials. The project is expected to be completed in Q4 2026, with Carester's downstream refinery set for operation in early 2027.
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Topics: mining offtake agreement processing facility rare earths