REIA Conference June 2024, page-5

Another article that is worth a read when it comes to Rare Earth companies and the uphill battle that they face can be found on....
LINK: REIA, JOGMEC & MIRU International Rare Earth Symposium #2: Investment for Separation and Refining, Dependence on China | MIRU (iru-miru.com)

Just a few points for consideration;

"However, even if the mining of rare earth ores can be conducted outside China, the event made it clear in a sense that it is extremely difficult at the moment to “get out of China” without China or Chinese companies in the current situation, especially for the process of oxide or metallisation, and for the process of making processed products such as magnets."

"Even in the U.S., whilst operations up to mining of rare earth ores are being conducted domestically, refining and processing is relied on, or entrusted to China. "

"Let’s get back to the original topic: currently, most separation and refining processes of rare earths occur in China, or in countries where Chinese companies are having their operations (such as in Malaysia). Japan's largest magnet manufacturer’s metallisation process is also being conducted in Vietnam by a Chinese company. Although we must avoid Chinese market domination and overproduction, at the same time, it seems difficult, unrealistic, and unreasonable to completely get out of China or Chinese companies in the rare earth supply chain. "


Lindian needs to find not only funding but offtakes for its REE concentrate. Apparently there are only a few companies outside of China who are in the refining business. Lets hope we can get those offtakes signed ,sealed and delivered ASAP otherwise the shareprice will remain static#.

# I am excluding the sale ( not LIN takeover) of the "Kangankunde project" for the moment.