Lanthanein Resources Limited (LNR.AX)
Lanthanein Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.07, up 0.00% on the session, giving a market capitalisation of $8.3M. Its beta of -0.58 implies it has historically moved less than the broad market.
Lanthanein Resources Limited, along with its various operational divisions, specializes in the identification and evaluation of mineral assets within Papua New Guinea and South Australia. The company actively seeks out a diverse portfolio of valuable metals, including precious metals like gold and silver, base metals such as copper and lead, as well as rare earth elements. Its key holdings include a 100% interest in Papua New Guinea's Tolukuma project, an area spanning approximately 223 square kilometers located north of the capital city, Port Moresby. Moreover, Lanthanein has secured an exclusive option to acquire full ownership of the Murraydium project in South Australia. This prospective venture is comprised of four distinct exploration license applications, encompassing roughly 873 square kilometers situated in the southeastern Naracoorte region of the Murray Basin. The company, which was established in 2001, previously operated under the name Frontier Resources Limited before officially adopting Lanthanein Resources Limited in May 2022. Its corporate headquarters are located in Perth, Australia.
Lanthanein Resources Limited is most often compared with the following Basic Materials names: