A stand-out for me was Lindian Resources (ASX:LIN) which is developing the Kangandkunde REE project in Malawi. One thing I have learnt about rare earths over the last couple of years is that rare earths are not rare and have complexities at every level.The company has one of the largest REE resources as far as contained NdPr is concerned with MRE Resources of 261Mt @ 2.19% TREO including a higher-grade core of 23Mt @ 3.23% TREO this is a high-grade resource with scale.
The project, which has a projected 100 + year mine life, has a number of favourable attributes including low stripping ratios, high-grades (Nd/PR) and very low “water based” processing. Capital costs are likely to start at a modest US$20 million or thereabouts
What / who is this news toady, page-10
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