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Lindian Resources Limited (ASX:LIN)

ALERT: Price-sensitive ASX Announcement for LIN
Current share price for LIN : $0.910 0.54 (145.95%)+
Announcement
Release
27 Oct 2025 8:20AM
Price at Release
$0.370
Full Release
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Summary
Lindian Resources Limited has confirmed that its Kangankunde Rare Earths Project in Malawi remains unaffected by a recent executive order from Malawi's leadership concerning the export of raw minerals. The company clarifies that the prohibition does not apply to minerals that have been processed or value-added within Malawi, aligning with Lindian's plans to process raw materials into a concentrate before exportation. Lindian reassures compliance with local exploration, environmental, and community engagement obligations, continuing operations in goodwill and collaboration with the Malawi government.
Key Points
  • Lindian Resources Limited is unaffected by Malawi's raw mineral export order.
  • Prohibition does not apply to minerals processed or value-added in Malawi.
  • Lindian plans to process raw materials into a concentrate before export.
  • Company remains compliant with local exploration and environmental obligations.
  • Operations at Kangankunde continue with government collaboration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.