Kangankunde project economics up 43% post-review - ICYMI
Proactiveinvestors NA·2025-12-19 06:27

Lindian Resources Ltd (ASX:LIN, OTC:LINIF) earlier this week announced a significant uplift in the economics of its Kangankunde Rare Earths Project in Malawi, following an optimisation of the processing flow sheet. The company said the project’s pre-tax net present value (NPV) increased by A536million,risingfromA536 million, rising from A1.8 billion to A$2.3 billion. The internal rate of return also improved to 142%, up from the 99% reported in the July 2024 feasibility study. CFO Teck Lim told investors the updated figures re ...