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

Lindian Resources secured a 12-month diesel supply agreement with Petroda Malawi for its Kangankunde rare earths project in Malawi, enabling construction ahead of first production later this year. The deal ensures a fixed price of US$2.83 per litre for 500,000 litres, mitigating cost risks during mining start-up and supporting ongoing operations.

Summary by Glance · SMH