diff --git a/devel/binutils/Makefile b/devel/binutils/Makefile
index b607e7938..5925fdd52 100644
--- a/devel/binutils/Makefile
+++ b/devel/binutils/Makefile
@@ -57,6 +57,7 @@ CONFIGURE_ARGS = \
 		$(call qstrip,$(CONFIG_EXTRA_BINUTILS_CONFIG_OPTIONS))
 
 TARGET_CFLAGS += $(FPIC)
+TARGET_LDFLAGS := -L$(PKG_BUILD_DIR)/libiberty $(TARGET_LDFLAGS)
 
 define Build/Configure
 	$(call Build/Configure/Default)