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Lindian Resources Limited ( (AU:LIN) ) has issued an announcement.
Lindian Resources Limited has made significant progress in the development of its Kangankunde Rare Earths Project in Malawi, with construction activities ahead of schedule and strategic partnerships advancing. The company has secured full ownership of the Lelouma Bauxite Project and strengthened its leadership team to enhance project execution. These developments position Lindian favorably within the global supply chain, with potential long-term value for shareholders and increased institutional interest.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.
More about Lindian Resources Limited
Lindian Resources Limited operates in the mining industry, focusing on the development of rare earth and bauxite projects. The company’s primary project is the Kangankunde Rare Earths Project in Malawi, and it also holds interests in bauxite assets, including the Lelouma Bauxite Project.
Average Trading Volume: 1,997,279
Technical Sentiment Signal: Sell
Current Market Cap: A$124.3M
Learn more about LIN stock on TipRanks’ Stock Analysis page.