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Mining

Lindian Resources selects new company secretary as Kangankunde Rare Earths Project advances

Lindian Resources Ltd (ASX:LIN, OTC:LINIF) has appointed Ben Donovan as company secretary, tapping into a wealth of ASX compliance and corporate government experience.

Donovan previously served a three-year stint as a senior adviser at the ASX in Perth, carrying extensive experience in listing rules compliance and corporate governance.

He is also the principal of Argus Corporate Partners Pty Ltd, which provides corporate advisory, IPO and consultancy services, and serves as company secretary on several ASX listed and public unlisted companies in resources, agritech, biotech, media and technology industries.

Board reshuffle ahead of project development

LIN has made several changes to its board as the development of the Kangankunde Rare Earths Project has ramped up, also appointing Robert Martin as non-executive chair and director and Blake Steele as a non-executive director.

The company has been advancing Kangankunde at pace, recently securing US$50 million in funding through a non-binding term sheet with Gerald Group — one of the world's largest independent and employee-owned metals trading houses.

Read: Lindian Resources signs US$50 million non-binding term sheet with Gerald Group

LIN is also developing a more optimised processing flowsheet for the project via an extensive review, and expects to finalise the award of a design and contract for its process plant within the next few weeks.

The company will hold an investor webinar on Wednesday, January 22, 2025 at 12:00pm AEDST (9:00am AWST). Registration is available using this link.

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