LIN and Govt clarification re inaccurate media comments

Key points

• Mining Licence valid and in good standing
• Kangankunde operating within statutory thresholds
• No evidence of unauthorized mining
• ESIA approved by MEPA
• Positive government and stakeholder engagement

Full summary

Lindian Resources Limited (ASX: LIN) has clarified recent inaccurate media reports regarding its Kangankunde Rare Earths Project in Malawi. The company's mining license remains valid, and operations are within statutory thresholds. Government inspections found no evidence of unauthorized mining. The project has an approved Environmental and Social Impact Assessment (ESIA) and maintains positive engagement with government and stakeholders. Lindian aims to achieve first production in Q4 2026.

Guidance

First production targeted for Q4 2026

Outlook

Lindian Resources remains committed to delivering the Kangankunde Project and continues to engage with government and stakeholders for future expansions.