Lindian rare earths green-lit for export by Malawian government
Kangankunde remains the jewel in Lindian’s crown; A world-class mineral deposit ready to produce premium monazite concentrate with a total grade of 55% rare earth oxide (TREO) free of harmful elements.
It offers drilling results off multiple scales, averaging around a thousand metres, well north of the two percent total rare earth oxides.
The project stands out as financially strong, with operating costs in the lowest quartile globally, even at low spot prices for key elements such as neodymium and praseodymium.
Strong infrastructure access, strong community support and core licenses are all available, supported by a long-term acquisition partnership with Australian giant Iluka Resources and a AU$91.5 million institutional placement that greenlit the Final Investment Decision for Phase 1.
Recent milestones underscore this momentum. Just weeks ago, on October 8, Lindian announced the completion of the first works from contractor Mota-Engil on time and on budget.
This includes a 5.5km access road, a secure gate, commissioned ablution facilities, cleared management zones and a fully equipped builders’ compound with solar and septic systems.
The electricity of the security building is also working and the way to the main construction is opening. In parallel, the company has acquired a state-of-the-art owner-operator mining fleet (Komatsu haul trucks, loaders, dozers and a Sandvik drilling rig) set for full mobilization in January 2026.
Looking ahead, Lindian is finalizing process plant design and construction tenders while also mobilizing non-process infrastructure contractors and advancing waste storage facility excavation work.
Optimized mine planning continues apace, keeping the project on track for 2026 output.
Beyond Malawi, Lindian’s portfolio also includes bauxite assets in Guinea and Tanzania, diversifying its critical mineral footprint.
Kangankunde’s focus on rare earths positions it at the forefront of global supply chain security, especially at a time when demand for electric vehicles, renewable energy and defense technologies is increasing.
With regulatory hurdles removed, export doubts easing and construction accelerating, Lindian is determined to unlock Kangankunde’s immense potential to strengthen the global electrification and green revolution imperative.
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