Firm to complete rare earth mine takeover - The Nation Online

Firm to complete rare earth mine takeover - The Nation Online: Firm to complete rare earth mine takeover
Martha Chirambo November 1, 2018 0 Comments
Australian Stock Exchange (ASX)-listed Lindian Resources, a firm with an option to acquire a staged interest in Kangakunde Rare Earth Project in Balaka of up to 75 percent, says it expects to complete the takeover of the mine this month.

Kangankunde has mineral deposits worth billions of dollars and can be a game changer for Malawi if successfully developed, according to mining experts.