Kangankunde Early Works Program Completed On Time and Budget
| Stock | Lindian Resources Ltd (LIN.ASX) |
|---|---|
| Release Time | 8 Oct 2025, 8:25 a.m. |
| Price Sensitive | Yes |
Kangankunde Early Works Program Completed On Time and Budget
- Early works complete, paving way for main construction
- 5.5km access road, security gatehouse, and ablution facility completed
- Owner-operator mining fleet procured, mobilizing in January 2026
Lindian Resources Limited (ASX: LIN) has completed the early works contract with Mota-Engil ('ME') for the development of the Kangankunde Rare Earths Project in Malawi, both on time and on budget. The 5.5 km access road to the site is now complete, the onsite security house has been constructed, and the ablution facility has been commissioned. Outside of the ME contract, the security entrance has been completed, administration areas cleared for construction, and power to the security building commissioned. The contractors' laydown area is now operational, including ablution facilities, stores, a solar power system, and a septic system. Lindian has also placed orders for its owner-operator mining fleet, securing Komatsu haulage, loading, and earthmoving units, as well as a Sandvik drill rig. Delivery and mobilization are scheduled so all equipment is on site by January 2026 to commence mining activities, with mine design and planning already well underway. The company is now focused on near-term activity, including mobilization of the awarded Non-Process Infrastructure ('NPI') contractors, TSF earthworks, major haul road construction, foundational works for the administration building and workshops, building out the power distribution network, and advancing camp, fuel, and explosives infrastructure. In parallel, the company will complete process plant design and construct ('D&C') tender evaluation and move to contract award, maintaining alignment with the Definitive Feasibility Study ('DFS') capital envelope and the 2026 first product target.