Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Lindian Resources Ltd. Lindian has appointed corporate finance advisor Henk Ludik to support its board in handling funding enquiries and interest for the Kangankunde Rare Earths Project in Malawi. Ludik has 20 years of experience in mining finance, investment banking and strategic advisory and has previously structured and secured project financing for large-scale mining operations globally. The company has already secured a non-binding agreement for US$50 million in stage one funding from the Gerald Group. Ludik will work on finalising a binding term sheet while also assessing additional funding opportunities. Kangankunde is recognised as one of the world’s largest undeveloped rare earth projects with near-term production potential. Given the critical role of rare earths in the energy transition, the project has attracted significant global interest. Lindian Resources aims to utilise Ludik’s expertise in capital markets, mergers and acquisitions, and investor engagement to secure long-term financial partners. The company emphasises the strategic importance of ensuring it secures the most favourable terms for shareholders as it moves forward with funding discussions. #LindianResources, #MiningFinance, #RareEarths, #Kangankunde, #MalawiMining, #CriticalMinerals, #EnergyTransition, #MiningInvestment, #MiningProjects, #ResourceDevelopment, #CorporateFinance, #InvestmentBanking, #StrategicAdvisory, #CapitalMarkets, #MergersAndAcquisitions, #MiningIndustry, #ProjectFunding, #GeraldGroup, #MineralExploration, #AfricaMining