Kangankunde Advances Toward Q4 2026 First Production
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| Stock | Lindian Resources Ltd (LIN.ASX) |
|---|---|
| Release Time | 22 Jun 2026, 8:16 a.m. |
| Price Sensitive | Yes |
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Kangankunde Nears Q4 2026 Production Start
Key Points
- Kangankunde project remains on track for Q4 2026 first production
- Front-end commissioning targeted for October 2026
- Major milestones achieved in mining readiness and infrastructure
- Over 800,000 LTI-free work hours recorded
- Stage 2 Feasibility Study progressing for future expansion
Full Summary
Lindian Resources Limited (ASX: LIN) has provided an update on the Kangankunde Rare Earths Project in Malawi, highlighting significant progress towards the Q4 2026 first production target. The project remains on schedule, with front-end commissioning targeted for October and Practical Completion for mid-November. Key milestones include access to the Stage 1 pit, a complete haul road, explosives approvals, and 27,000 tonnes of ore stockpiled. The power corridor and Tailings Storage Facility are also on track for September completion. Safety performance remains strong, with over 800,000 LTI-free work hours. Stage 2 infill drilling is complete, and the Feasibility Study is on track for December 2026, aiming for a 4.0Mtpa development pathway.
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