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Lindian Resources Limited ( (AU:LIN) ) just unveiled an announcement.
Lindian Resources Limited has achieved full ownership of the Kangankunde Rare Earths Project by completing the final payment of US$10 million ahead of schedule. This strategic move grants Lindian 100% control over one of the most significant rare earth development projects globally, aligning its operational entities and enhancing its strategic and operational control as it progresses towards initial production.
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 rare earths industry, focusing on the development of high-grade rare earth deposits. The company is primarily involved in the exploration and development of the Kangankunde Rare Earths Project, which is one of the world’s largest rare earth deposits.
Average Trading Volume: 10,324,219
Technical Sentiment Signal: Buy
Current Market Cap: A$600.3M
See more data about LIN stock on TipRanks’ Stock Analysis page.