Lindian Resources Limited ( (AU:LIN) ) has shared an update.
Lindian Resources Limited has commenced downstream metallurgical testwork with the Australian Nuclear Science and Technology Organisation (ANSTO) to evaluate the production of Mixed Rare Earth Carbonate (MREC) from its high-grade monazite concentrate. This initiative aims to optimize processing routes and support strategic partnerships, as the concentrate’s low radionuclide content and high-grade quality offer significant advantages in meeting stringent international standards. With first production targeted for 2026, Lindian is poised to capitalize on global supply chain shifts, particularly as China’s export controls increase the demand for independent rare earth sources.
More about Lindian Resources Limited
Lindian Resources Limited is a company operating in the critical minerals industry, focusing on the production of rare earth elements. Their primary product is a premium grade monazite concentrate, sourced from the Kangankunde Rare Earths Project in Malawi. The company is strategically positioned to supply high-performance rare earth materials to global markets, particularly in Europe and North America.
YTD Price Performance: 12.77%
Average Trading Volume: 1,093
Technical Sentiment Signal: Strong Buy
Current Market Cap: €61.04M
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