The Age
·general
·1 hour ago
Lindian locks in cheap Kazakh acid supply as China export ban looms
Lindian Resources secured a long-term supply of low-cost sulphuric acid from Kazakhstan's Stepnogorsk plant, ahead of China's impending export ban set for May. This arrangement positions Lindian favorably amid expected global shortages, with prices in Kazakhstan significantly lower than existing domestic rates. The company’s strategies are bolstered as it advances construction on its Kangankunde rare earths project in Malawi.
Summary by Glance · The Age
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