An update from Lindian Resources Limited ( (AU:LIN) ) is now available.
Lindian Resources Limited announced a leadership transition as it moves towards the delivery of its Kangankunde Rare Earths Project in Malawi. The current CEO, Mr. Alwyn Vorster, will step down, and the company is in the process of appointing a new executive team to lead the project into its next phase. This transition is crucial for advancing the project towards financing and construction, marking a pivotal phase for the company and its stakeholders as they aim to deliver long-term value.
More about Lindian Resources Limited
Lindian Resources Limited is an Australian-based company focusing on the development of world-class rare earths and bauxite assets in Malawi and Guinea. The company aims to become a significant global producer of critical minerals, with its flagship Kangankunde Rare Earths Project in Malawi being one of the world’s largest rare earth deposits known for its high-grade and low impurity levels.
YTD Price Performance: 14.00%
Average Trading Volume: 15,546
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €65.94M
Find detailed analytics on LIN stock on TipRanks’ Stock Analysis page.