Unlawful Trespass at Kangankunde Rare Earths Project

Key points

• Unauthorized presence of individuals, including two Chinese nationals, detected at Kangankunde site
• Individuals detained by local authorities for allegedly attempting to collect geological samples without consent
• Lindian committed to protecting project integrity and engaging with authorities to ensure site security

Full summary

Lindian Resources Ltd (ASX: LIN) has acknowledged multiple media reports of an incident occurring at its Kangankunde Rare Earths Project site in Malawi, involving the unauthorized presence of a group of individuals, including two Chinese foreign nationals. The individuals were detained by local authorities after being found unlawfully on site, allegedly attempting to collect geological samples without consent. Lindian considers this a serious breach of site security and a concerning act of industrial trespass, particularly given the strategic nature of the Kangankunde asset, which is recognized as one of the world's largest and highest-grade undeveloped rare earths resources. The company is investigating the matter in cooperation with local law enforcement and relevant security agencies, and is committed to protecting the integrity, safety, and security of its projects. Lindian's Executive Chairman, Robert Martin, has expressed gratitude to the company's security team and local authorities for their diligence in maintaining a safe and secure mine site. The company will continue to work with the authorities to ensure its sovereignty and security are upheld to the highest standards.