MOU signed with Compagnie des Bauxites de Guinée for Gaoual Bauxite Project
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Monday, September 4, 2023
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SYDNEY, Sept. 3, 2023 /PRNewswire/ -- Lindian Resources Limited (ASX:LIN) ("Lindian" or "the Company") is pleased to confirm that it has signed a Memorandum of Understanding ('MOU') with Compagnie des Bauxites de Guinée (CBG), to explore the supply of bauxite from its Gaoual project to add to CBG's annual bauxite production through a possible sales contract between the Parties. The MOU provides the framework for the parties to:
Key Points:
- They have exceptional pedigree as one of the world's most respected and largest bauxite producers and suppliers.
- We have been advancing discussions with them for a number of years on the potential development of Guinea's next Conglomerate Bauxite project and this MOU marks a very meaningful step in this process.
- SYDNEY, Sept. 3, 2023 /PRNewswire/ -- Lindian Resources Limited (ASX:LIN) ("Lindian" or "the Company") is pleased to confirm that it has signed a Memorandum of Understanding ('MOU') with Compagnie des Bauxites de Guinée (CBG), to explore the supply of bauxite from its Gaoual project to add to CBG's annual bauxite production through a possible sales contract between the Parties.
- The Mineral Resource statement for the Gaoual Bauxite Project was prepared by Mr Mark Gifford, an independent Geological expert consulting to Lindian Resources Limited.