CI
RareEarthIndex.com

Lindian Resources Limited

RareEarth Index inaugural constituent · Calculation date April 30, 2026

Identifiers

Primary ticker
LIN.AX
ASX
Secondary
Domicile
Australia
Sector
Exploration Stage
Index weight
5.53%
Natural free-float weight
Avg market cap
$677.3M
30-day, USD

Operating jurisdiction

Malawi (Kangankunde Rare Earths Project); Guinea & Tanzania (bauxite — secondary)

Sector classification

Pre-revenue. Kangankunde is the primary corporate asset by capex, technical disclosures, and management commentary. JORC/43-101 compliant resource published. First concentrate targeted Nov 2026. Bauxite assets are secondary by capex and EV.

Activity screen

Construction phase: process plant and mine stripping commenced Feb 2026, first ore feed Nov 2026. Bauxite portfolio retained but Kangankunde dominates EV.

Primary REE elements

Nd, Pr (Kangankunde monazite; very high grade with low impurities — LREE with NdPr emphasis)

Liquidity

30-day avg market cap (USD)
$677.3M
90-day avg daily traded value (USD)
$3.94M

Sources

https://lindianresources.com.au/ · ASX announcements 2025-2026