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Lindian Resources welcomes concentrate sale and purchase deal for Kangankunde

Lindian Resources welcomes concentrate sale and purchase deal for Kangankunde

Lindian Resources Ltd (ASX:LIN, OTC:LINIF) CEO Alistair Stephens tells Proactive the company has joined forces with global metals powerhouse Gerald Metals SARL to fast-track its Kangankunde Rare Earths Project in Malawi to producer status by the end of next year. This partnership is two-fold involving the sale of 45,000 tonnes of monazite concentrate from Kangankunde’s Stage 1 development to the trading company headquartered in London and a finance facility of up to US$10 million to the rare earths explorer.

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