Lindian Resources Advances Kangankunde Project

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

Lindian Resources Limited reports progress in funding discussions for its Kangankunde rare earths project in Malawi, following a North American investment roadshow. The company is reviewing multiple funding options for the project’s first and potential second stages, with environmental permits extended and interim site facilities under construction. Lindian is also in advanced contract negotiations for the construction of a fixed price process plant, with a decision expected by the end of October.

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