ASX:LINMetals and Mining
How Investors Are Reacting To Lindian Resources (ASX:LIN) Fully Funding Kangankunde Without External Debt
Lindian Resources recently confirmed that construction at its Kangankunde Rare Earths Project in Malawi is progressing across all major work fronts, with practical completion targeted for mid-November 2026 and first production planned for the fourth quarter of 2026.
The company also reported it is fully funded through at least first production via a US$100 million institutional placement, allowing development to proceed without external debt as the first ore delivery to the run-of-mine pad...