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Lindian Resources Advances Kangankunde Rare Earths Project with Strategic Developments

Story Highlights
  • Lindian Resources progresses Kangankunde Project with infrastructure and community engagement.
  • Partnership with ANSTO enhances Lindian’s technical capabilities and value capture in rare earths.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Lindian Resources Limited ( (AU:LIN) ) has shared an update.

Lindian Resources Limited has made significant strides in advancing its Kangankunde Rare Earths Project, awarding a site access road contract to Mota-Engil and commencing key infrastructure works. The company is actively engaging with local communities to provide employment and training opportunities, while also partnering with ANSTO for downstream test work to enhance its technical capabilities and capture more value in the rare earths supply chain.

More about Lindian Resources Limited

Lindian Resources Limited operates in the mining industry, focusing on the exploration and development of rare earth elements. The company’s primary project is the Kangankunde Rare Earths Project in Malawi, which aims to contribute significantly to the global supply chain of rare earth elements crucial for clean energy technologies.

YTD Price Performance: 24.00%

Average Trading Volume: 5,550

Technical Sentiment Signal: Buy

Current Market Cap: €71.57M

Find detailed analytics on LIN stock on TipRanks’ Stock Analysis page.

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