Lindian takes on twin owner-operator role at Malawi rare earths giant

Lindian, especially in the world, is one of the world’s largest undeveloped rare land deposits, advocating more than paying for itself in the long run.

Lindian Resources Executive Director Zac Komur said: “Execution is a priority. By preparing the plan and working with our own fleet and team, we remove the layers, protect the margin and keep control where it is important.”

It’s hard to miss the charm of Kangankunde. The monster hosts a source of 261 million tons, works high -grades, works easily and carries zero radioactive baggage, unlike many competitors.

For a good reason, the project is considered one of the cleanest and commercial rare land assets outside China – a combination that does not disappear in market analysts, while indicating the rareness of the ore body.

The company did not waste time to activate its plans. He says that the supply of key mining equipment is already continuing and that the management has started recruitment programs to create a local labor force that can scale operations.

Lindian aims to push Kangankunde into production until February next year as the hearing mining, benefit test work and construction works progress.

And global demand for rare lands, which are critical for electric vehicles, wind turbines and defense technologies, seems to be better not better, despite increasing supply chain tensions with China.

If the numbers are seen as expected by the administration, Lindian’s call to seize the full control of Kanhankunde may not only be a cost -saving move, but a promising deposit can be the mastery that transforms a promising deposit into one of the world’s rare power centers.

Does your company on the ASX list do something interesting? Contact: Mattbirney@bullsnbears.com.au