Site Development Update And New Strategic Appointments
| Stock | Lindian Resources Ltd (LIN.ASX) |
|---|---|
| Release Time | 5 Jun 2025, 8:21 a.m. |
| Price Sensitive | Yes |
Lindian Resources Provides Site Development Update and New Appointments
- Construction of haul roads for Pit 1 and Pit 2 underway
- Critical infrastructure advancing ahead of schedule
- Contracts for design, construction, mining, and power to be awarded soon
- Solar farm and site security works commenced
Lindian Resources Limited (ASX: LIN) has provided a further update on the development of its flagship Kangankunde Rare Earths Project in Malawi and announced a series of strategic site appointments as the company accelerates its project delivery timelines. Construction of haul roads for Pit 1 and Pit 2 is now underway, positioning the project for a seamless transition into the next phase of development. Critical infrastructure is advancing ahead of schedule, and Lindian remains on track to award the design and construct contract, mining contract, and power infrastructure contract in the coming weeks. Solar farm works have also commenced, and pricing for long lead time items is being finalised for imminent award and order. To further enhance execution capability, Lindian has appointed a number of experienced personnel across site operations, including a Senior Process Engineer, Construction Superintendent, Project Planner, QA/QC Superintendent, and HSE Manager. The company has also appointed Ms. Hannah Murphy as the Group's new Corporate Development and Investor Relations Manager, based in Perth, Western Australia. With key appointments now in place and strong momentum onsite, Lindian is focused on the disciplined and safe execution of its world-class Kangankunde Rare Earths Project and remains on track to commence plant construction this year.
Lindian remains on track to commence plant construction at the Kangankunde Rare Earths Project this year and will continue to provide regular updates as development milestones are achieved.