Lindian’s Rare Earths Project Promises High Returns
Company Announcements

Lindian’s Rare Earths Project Promises High Returns

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

Lindian Resources Limited announced positive outcomes from the feasibility study of its Kangankunde Rare Earths Project in Malawi, highlighting low production costs and robust economic potential. The study showcases a pre-tax net present value of US$794M, an impressive internal rate of return, and a short payback period, with all necessary permits secured for Stage 1 construction. Additionally, the company is pursuing financing options to begin construction, backed by a strong cash reserve.

For further insights into AU:LIN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskLindian Resources Eyes Growth in Critical Minerals Sector
TipRanks Australian Auto-Generated NewsdeskLindian Resources to Host Investor Webinar Amid Expansion Plans
TipRanks Australian Auto-Generated NewsdeskLindian Resources Advances Rare Earths Project with Strong Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App