Acquiring Company
Lindian Resources Limited
Acquired Company
SARECO
Sydney
Stepnogorsk City AdministrationEnergyRenewable EnergyMiningMineralConstructionManufacturingDescription
Lindian Resources Limited has acquired the remaining 49% interest in SARECO, achieving 100% ownership of the hydrometallurgical processing facility in Stepnogorsk, Kazakhstan. The acquisition follows extensive due diligence and reflects Lindian's confidence in the facility's potential and the broader rare earth market. This move will enable Lindian to further its integrated mine-to-MREC strategy and enhance its production capabilities in the downstream rare earths sector.
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Frequently asked
Who acquired SARECO?
SARECO was acquired by Lindian Resources Limited, based in Sydney. The deal was reported on August 10, 2026. Lindian has a globally significant portfolio of world-class assets vital for the change to an Energy Efficient Environment. Lindian Resources Limited is privately held and operates in Energy.
When did Lindian Resources Limited acquire SARECO?
Lindian Resources Limited's acquisition of SARECO was reported on August 10, 2026. Lindian Resources Limited has acquired the remaining 49% interest in SARECO, achieving 100% ownership of the hydrometallurgical processing facility in Stepnogorsk, Kazakhstan. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SARECO do?
SARECO operates a hydrometallurgical processing facility that specializes in mixed rare earths carbonate production. The facility plays a crucial role in the rare earth value chain and supports downstream processing operations. It is privately held, operating in Manufacturing, and is based in Stepnogorsk City Administration.
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