A Fuseable link is nothing more than a wire that is lighter gauge than all of the rest of the loom so it melts before the other wires in the case of a dead short .
It is better than a fuse because a momnetary heavy load will not blow it .
You will need to replace the entire wire from the key switch through to the battery wire on the solenoid because it can burn through in more places than one.
The last one of those I replaced, I ran a fresh fused wire from the key switch directly to the battery as it is closer and made for a tidier loom as I could leave the remains of the original fuseable link wrapped up in the loom and cable tie the new wire to the outside.
If you look around, you can get clip on fuse holders and clip it onto the side of the dash tower where it is easy to access.