Lindian Resources Ltd (ASX:LIN, OTC:LINIF), in its latest operational update, has outlined significant progress in the development of the Kangankunde Rare.
The ASX 200 started the month off with a 0.17% loss today, trimming the benchmark index’s weekly gain to 0.66%. All eleven sectors finished in the red on.
Lindian Resources is assessing a low-cost trial mining campaign planned for early next year at its Kangankunde rare earths project in Malawi, while a process plant tender package is also being finalised. Mined material will be stockpiled, with the results of the trial set to be used to assess drill and blast fragmentation requirements, in addition to material handling
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Rare Earth Elements (REEs), comprising 15 lanthanides plus scandium and yttrium, are increasingly pivotal in a variety of critical applications, including.