• US$11.6m (~A$17m) Composite Facility from NBS Bank
• Asset Finance: US$4.6m (~A$6.6m) with 5-year tenor
• Working Capital: US$7.0m (~A$10.0m) with 3-year tenor
• Facilities to support Kangankunde Rare Earths Project in Malawi

Lindian Resources Limited (ASX: LIN) has announced that NBS Bank Plc, a subsidiary of NICO Group, has received Board approval to provide a Composite Facility comprising both an Equipment (Asset) Finance Facility and a Working Capital Facility in support of the Kangankunde Rare Earths Project in Malawi. The Composite Facility totals US$11.6 million (~A$16.6 million), with the Asset Finance Facility of US$4.6 million (~A$6.6 million) having a 5-year tenor (including an 18-month grace period) and the Working Capital Facility of US$7.0 million (~A$10.0 million) having a 3-year tenor. The Asset Finance Facility will be used to fund (reimburse) 90% of the Komatsu owner-operator mining fleet already paid by Lindian, while the Working Capital Facility will provide additional liquidity to support operational activities during ramp-up and operations. The facilities from NBS Bank, one of Malawi's most established and reputable commercial banks, reinforce Lindian's strategy of building long-term partnerships with in-country Malawian financial institutions and supporting the growth of Malawi's domestic economy.