Lindian Resources Confirms Existing Sulfuric Acid Supply Arrangement With Local Supplier For Kazakhstan MREC Processing Facility

MT Newswires Live
04/28

Lindian Resources (ASX:LIN) confirmed that the SARECO mixed rare earth carbonate (MREC) processing facility in Kazakhstan has an existing sulfuric acid supply arrangement with the Stepnogorsk sulfuric acid plant, a state-backed local producer, according to a Tuesday Australian bourse filing.

This follows recent reports that China will implement a near-total ban on sulfuric acid exports from Friday.

Its position with access to domestic supply may reduce exposure to global supply disruptions, per the filing.

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