LIN Price sensitive 20 Aug 2026, 8:17 AM

Construction, Operational Readiness Team Progress Update

Lindian Resources Ltd

Lindian Resources Provides Update on Kangankunde Project Progress

Key points

  • Kangankunde on track for first production in Q4 2026
  • Mining operations ramp up with ore stockpiled
  • Construction advancing with process plant, TSF nearing completion
  • Operational readiness activities in full swing
  • Expanded operational capability across multiple locations

Full summary

Lindian Resources Limited (ASX: LIN) provides an update on the Kangankunde Rare Earths Project in Malawi, highlighting ongoing construction, mining, and operational readiness activities. The project remains on schedule for first production in Q4 2026, with front-end commissioning targeted for late October 2026. Mining operations have ramped up, with ore being stockpiled in preparation for commissioning. Construction activities are progressing across the process plant, Tailings Storage Facility (TSF), power infrastructure, and water supply systems. Operational readiness efforts are also advancing, with recruitment, commissioning preparation, and the development of standard operating procedures. Lindian is also expanding its operational capability across Kazakhstan, Singapore, Malawi, and Perth to support the project and the recently acquired SARECO MREC Processing Facility.

Outlook

Lindian Resources remains focused on the safe and disciplined delivery of the Kangankunde Project into production in Q4 2026, with continued emphasis on construction, mining, and operational readiness activities.

Summary generated by a large language model. Please interpret with care.

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