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Lindian Resources Limited ( (AU:LIN) ) has issued an update.
Lindian Resources Limited has announced a major milestone in the development of its Kangankunde Rare Earths Project by awarding a site access road contract to Mota-Engil, a leading European construction group. This contract, valued at approximately US$1.3 million, marks a crucial step in advancing the project by facilitating the transportation of construction materials and equipment. The development of the road is expected to enhance local connectivity, create economic opportunities, and demonstrate Lindian’s commitment to advancing the project and benefiting the local community and economy.
More about Lindian Resources Limited
Lindian Resources Limited is a company within the mining industry, focusing on rare earths. The company is involved in the development of the Kangankunde Rare Earths Project, positioning itself as a significant player in the global rare earth market.
YTD Price Performance: 20.0%
Average Trading Volume: 15,364
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €69.46M
Learn more about LIN stock on TipRanks’ Stock Analysis page.
