Kangankunde Remains Unaffected By Malawi Export Order
| Stock | Lindian Resources Ltd (LIN.ASX) |
|---|---|
| Release Time | 27 Oct 2025, 8:20 a.m. |
| Price Sensitive | Yes |
Lindian Confirms Kangankunde Unaffected by Malawi Export Order
- Lindian to process raw materials into concentrate prior to export
- Kangankunde project activities remain unaffected by Malawi's export order
- Lindian continues to operate within Malawi's laws and regulations
Lindian Resources Limited (ASX: LIN) has been made aware of a news item from the Republic of Malawi where it has been reported that the country's leadership has indicated that it may not allow the export of raw minerals out of the country. Lindian has always and will continue to operate within the laws of the country or countries wherever it is carrying out its mining activities. As per the President's executive order, the prohibition on raw mineral exports does not apply to minerals that have been processed, refined, or value-added in Malawi in accordance with the laws and regulations governing the mining sector. In this case, the Government of Malawi is already aware of Lindian's plans to beneficiate the raw resources produced from Kangankunde, and the company intends to process the raw materials into a concentrate prior to exportation. This is the highest level of beneficiation that can be done within the country currently. Lindian holds the view that the pronouncements by the country's leadership were made in good faith and for the benefit of the country, and the company will continue to work with the Government of Malawi and its mining industry. Lindian also confirms that these recent developments do not affect its current activities at the Kangankunde Rare Earths Project, and that Lindian remains compliant with all local exploration, environmental and community engagement obligations.