Kangankunde remains the jewel in Lindian’s crown, a world-class deposit poised to produce premium monazite concentrate at 55% total rare earth oxides (TREO) grade, free of deleterious elements.
It boasts more than one off-the-scale drill results of around a thousand metres averaging well north of two per cent total rare earth oxides.
With operating costs in the global lowest quartile, even at subdued spot prices for key elements like neodymium and praseodymium, the project stands out as financially robust.
Strong infrastructure access, robust community backing, and essential licences are all in place, bolstered by a long-term offtake partnership with Australian giant Iluka Resources and a A$91.5 million institutional placement that greenlit the Final Investment Decision for Stage 1.
Recent milestones underscore the momentum. Just weeks ago, on October 8, Lindian announced the on-time, on-budget completion of early works by contractor Mota-Engil.
This includes a 5.5km access road, a secure gatehouse, commissioned ablution facilities, cleared administration zones and a fully equipped contractors’ laydown area with solar power and septic systems.
Power to the security building is also operational, paving the way for main construction. In parallel, the company has procured a state-of-the-art owner-operator mining fleet – Komatsu haul trucks, loaders, dozers, and a Sandvik drill rig – set for full mobilisation in January 2026.
Looking ahead, Lindian is also mobilising non-process infrastructure contractors and advancing tailings storage facility earthworks while finalising process plant design-and-construct tenders.
Optimised mine planning continues apace, keeping the project firmly on track for 2026 output.
Beyond Malawi, Lindian’s portfolio spans bauxite assets in Guinea and Tanzania, diversifying its critical minerals footprint.
Kangankunde’s rare earths focus positions it at the vanguard of global supply chain security, particularly as demand surges for electric vehicles, renewables energy and defence technologies.
With regulatory hurdles cleared, export doubts assuaged and construction revving up, Lindian remains set to unleash Kangankunde’s massive potential to power the global electrification and green revolution imperative.
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