DRA Appointed For Kangankunde Stage 2 Study
| Stock | Lindian Resources Ltd (LIN.ASX) |
|---|---|
| Release Time | 24 Sep 2025, 8:23 a.m. |
| Price Sensitive | Yes |
DRA Appointed For Kangankunde Stage 2 Study
- DRA, a global leader in rare earths processing, appointed to complete Kangankunde Phase 2 Expansion Study
- Study to focus on production rate, flowsheet options, staged development, and infrastructure requirements
- Strong demand for Lindian's monazite concentrate, focus on speed to market and reliable execution
Lindian Resources Limited (ASX: LIN) has announced the appointment of DRA Pacific ('DRA') to complete the Kangankunde Phase 2 Expansion Study. DRA is a global leader in rare earths processing with a proven track record of delivering innovative, technically advanced solutions across all stages of project development. The Study will focus on accurately framing the next stage of development at Kangankunde, building on Stage 1, which has progressed into the delivery phase following the announcement of Final Investment Decision. The Study will consider a range of strategic options for Stage 2 to provide the decision-making input to the Board of Directors, such that value from the world-class Kangankunde resource can be maximised. Key areas of consideration will include production rate, flowsheet options, options for staged development through modularisation, and identification of infrastructure requirements and any potential project constraints. Lindian Executive Director, Zac Komur, commented that the work will define the optimal production rate in the 50,000-100,000 tpa range, finalise the flowsheet, and set clear milestones, infrastructure needs, and modular options. Demand for Lindian's monazite concentrate is strong, so the focus is on speed to market and reliable execution. Lindian's goal is to secure and grow meaningful market share, and DRA's rare earths credentials and track record across Africa, including Malawi, make them the right partner to map the next phase at Kangankunde.
Lindian's focus is on speed to market and reliable execution for the Kangankunde rare earths project. The company aims to secure and grow meaningful market share, leveraging DRA's rare earths expertise and track record in Africa.