Lindian Resources Limited (AU:LIN) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Lindian Resources Limited is advancing the Kangankunde Rare Earths Project in Malawi, with two contractors commencing detailed engineering design for a stage 1 process plant, aiming for a Q3 2025 construction start. The company has nearly completed the community resettlement process, including compensation disbursements, and the project’s stage 1 feasibility study is set to be delivered by late June 2024. These developments reflect ongoing progress, including community engagement and preparatory construction work, as Lindian Resources moves closer to the commencement of the Kangankunde Project.
For further insights into AU:LIN stock, check out TipRanks’ Stock Analysis page.