Business Summary

Lindian Resources Limited is an Australia-based company, which has a portfolio of high-grade bauxite assets on both the West and East coasts of Africa. The Company is focused on advancing its portfolio of bauxite projects in Guinea and seeking a resolution with respect to the Kangankunde Rare Earths Project in Malawi. Its Lelouma Project is a tier 1 bauxite project and is located approximately 40 kilometers (km) from its high grade Gaoual High Grade Conglomerate bauxite asset. Its Gaoual High-Grade Conglomerate Bauxite Project is located within a known bauxite mining province in the north-west of Guinea. Its Woula Bauxite Project is in north-western Guinea, proximal to the coast and existing haul road and the Katougouma river port. Its Tanzanian bauxite portfolio consists of two bauxite projects, such as Lushoto and Pare, which are situated in Eastern Tanzania's Mozambique Belt. The Tanzanian bauxite portfolio includes eight tenements covering about 310 square kilometers.