Lindian Resources Limited

LIN

AU000000LIN6

Aluminum

Market Closed - Australian S.E. Other stock markets 02:11:00 2024-05-14 am EDT			5-day change	1st Jan Change
0.125 ^AUD	-3.85%		-13.79%	-13.79%

May. 03	Euroz Hartleys Adjusts Lindian Resources’ Price Target to AU$0.46 From AU$0.45, Keeps at Speculative Buy	MT
May. 02	Lindian Resources Updates Resource Estimate for Malawi Rare Earths Project; Shares Up 8%	MT

Lindian Resources raises $9 million to accelerate rare earths concentrate production plant

March 27, 2023 at 03:01 pm EDT

(via NewsDirect)

Lindian Resources Ltd (ASX:LIN) CEO Alistair Stephens tells Proactive the company has raised $8.5 million (before costs) through a non-brokered private placement. A binding commitment from executive chairman Asimwe Kabunga for an additional $500,000 shows management’s confidence in the program and takes the total placement value to $9 million. Funds will go towards rapid progression of plans for a Stage 1 rare earths concentrate processing facility at its fully permitted, Kangankunde Rare Earths Project in Malawi.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Lindian Resources Limited

Euroz Hartleys Adjusts Lindian Resources’ Price Target to AU$0.46 From AU$0.45, Keeps at Speculative Buy	May. 03	MT
Lindian Resources Updates Resource Estimate for Malawi Rare Earths Project; Shares Up 8%	May. 01	MT
Lindian Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 12	CI
Euroz Hartleys Adjusts Lindian Resources’ Price Target to AU$0.45 From AU$0.85, Keeps at Speculative Buy	Mar. 08	MT
Lindian Resources Uncovers Rare Earths at Kangankunde Project	Mar. 07	MT
Lindian Resources Confirms High Recoveries, Concentrate Grades at Malawi Rare Earth Project	Mar. 05	MT
Lindian Resources Starts Trading on OTCQB Venture Market; Shares Up 4%	Feb. 28	MT
Lindian Resources Hits High-Grade Rare Earths Mineralization at Kangankunde Project in Malawi; Shares Decline 3%	Feb. 18	MT
Lindian Resources Identifies Rare Earths at Kangankunde Project	Feb. 01	MT
Lindian Resources Defines Exploration Target at Malawi Rare Earth project	23-10-05	MT
Lindian Resources Limited Publishes an Exploration Target for the Kangankunde Rare Earths Project	23-10-04	CI
Lindian Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-29	CI
Lindian Resources Enters Sale, Purchase Deal With Global Metals Trader; Shares Down 4%	23-09-25	MT
Lindian Resources Advances Development of Kangankunde Project	23-09-20	MT
Lindian Resources Intercepts More Mineralization in Kangankunde Project	23-09-19	MT
Lindian Resources Limited(ASX:LIN) added to S&P Global BMI Index	23-09-18	CI
Lindian Resources Limited Receives Assay Results from KGKDD009	23-09-17	CI
Australian Government Entity Confirms Non-Radioactivity of Lindian Resources’ Rare Earth Concentrates	23-09-07	MT
Lindian Resources Limited Signs Memorandum of Understanding with Compagnie Des Bauxites de Guinee for Gaoual Bauxite Project	23-09-03	CI
Lindian Resources Limited Announces Appointment of Mr. Park Zuliang Wei as A Non-Executive Director	23-09-03	CI
Lindian Resources Limited Announces Board Appointments	23-08-21	CI
Lindian Resources Establishes Maiden Resource of Kangankunde Project; Shares Slump 12%	23-08-03	MT
Lindian Resources Limited Reports Maiden Mineral Resource Estimate of 261 Million Tons At High Grade of 2.19% Treo	23-08-02	CI
Lindian Resources Completes AU$35 Million Placement; Shares Rise 3%	23-07-19	MT
Lindian Resources Uncovers Further Rare Earths at Kangankunde Project	23-07-18	MT

Chart Lindian Resources Limited

Duration

Period

More charts

Company Profile

Lindian Resources Limited is a mineral exploration company. The Companyâs principal focus includes the ongoing exploration and development of the Kangankunde Rare Earths Project. In addition, the Company is advancing its portfolio of bauxite projects in Guinea. The Kangankunde Rare Earths Project is located in central Malawi approximately 90 kilometers (km) north of the city of Blantyre in the southern part of the country. The Kangankunde Rare Earths Project is rich in Neodymium and Praseodymium. Its Gaoual Bauxite Project is in northwestern Guinea within the Boke Bauxite Belt. It is situated south of the township of Gaoual in the northern portion of the Kogon-Tomine interfluve, about 65 km northeast of Sangaredi. The Lelouma Project is located just 40km from its high grade Gaoual conglomerate bauxite project. The Woula Bauxite Project is located in North-Western Guinea, and is 10km from an existing haul road connecting to the bauxite export terminal in Katougouma.

Sector

Aluminum

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

More about the company