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Lindian Resources Limited ( (AU:LIN) ) has shared an update.
Lindian Resources Limited has commenced construction of the Tipume accommodation village at its Kangankunde Rare Earths Project in Malawi. This development marks a significant milestone as the project transitions from planning to execution, with the camp designed to accommodate up to 90 personnel and equipped with modern amenities. The completion of this facility is crucial for supporting the workforce and ensuring the project’s timely progression towards production, reflecting Lindian’s commitment to safety and operational excellence.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.91 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 is a company operating in the mining industry, focusing on the development of rare earth projects. The company is currently engaged in the Kangankunde Rare Earths Project in Malawi, aiming to advance its operations in the rare earth market.
Average Trading Volume: 10,472,055
Technical Sentiment Signal: Buy
Current Market Cap: A$550.2M
See more data about LIN stock on TipRanks’ Stock Analysis page.