Lindian moving to develop 'the king' of rare earth projects

Company also aiming to commercialise plus-1Bt bauxite assets

Lindian Resources

Lindian Resources is aiming to have two world-class projects operating simultaneously, and CEO Alistair Stephens says the company represents a great value proposition as it moves its Kangankunde "rare earths king" project in Malawi towards production and advances commercialising plus-1 billion tonnes of bauxite resources in Guinea.  

Stephens is one of the presenters at the inaugural  MiningNews Select Sydney 2024.

Lindian Resources

Lindian Resources (ASX:LIN) is an ASX-listed Australian company with world class rare earths and bauxite assets critical to EVs and a range of other industries including electronic infrastructure, solar panels, rechargeable batteries, wind turbines, medical imaging and manufacturing.

Head office address:

Level 24,

108 St Georges Terrace

Perth WA 6000


Telephone: + 61 8 6557 8838



Directors and management:

  • Asimwe Kabunga
  • Alistair Stephens
  • Trevor Matthews
  • Jack Fazio
  • Yves Occello
  • Alwyn Vorster
  • Park Wei

Market capitalisation (as of January 31, 2024):

A$155.5 million

Quoted shares on issue: 

1.1 billion

Major shareholders:

Kabunga Holdings: 12.54%

Ven Capital: 9.97%

Rohan Patnaik: 7.47%

Topwei Two: 4.93%

Victor Lorusso: 4.75%

HSBC Custody Nominees 3.41%

BNP Paribas Nominees: 2.78%

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