LINDIAN ACQUIRES REMAINING 49% INTEREST FOR 100% OWNERSHIP IN SARECO OPERATING HYDROMET FACILITY
Lindian Resources will acquire 100% ownership of the SARECO hydrometallurgical facility in Kazakhstan for US$20 million, moving from a 51% interest to full control. The transaction, fully funded by a recent A$100 million capital raise, provides a strategic advantage by securing processing infrastructure at a fraction of the estimated A$500 million greenfield cost.
Key figures
- Deal Value Usd
- 20000000
- Facility area sqm
- 15500
- Ndpr recovery rate
- 96%
- Ownership acquired
- 100%
- Recent capital raise aud
- 100000000
- Target production quarter
- Q4 2026
- Comparative greenfield cost aud
- 500000000
AI analysis
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