Lindian Resources Energises Grid Power at Malawi Rare Earths Project, Shares Down 4%
MT Newswires Live
Yesterday
Lindian Resources (ASX:LIN) commissioned and energized dedicated grid power to its Kangankunde rare earths project in Malawi, with the power infrastructure programme tracking about 20% below approved budget, according to a Thursday Australian bourse filing.
Staged commissioning remains scheduled for late November, with commercial production targeted for December, the filing added.
The company's shares fell 4% in recent Thursday trade.
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