Lindian Resources' Kangankunde Rare Earth Project in Malawi to Commence Production in Q4
2026-05-07 16:21
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en.Wedoany.com Reported - Construction of Lindian Resources Ltd's Kangankunde Rare Earth Project in Malawi is progressing smoothly, with first production expected in the fourth quarter of 2026. All major work fronts are advancing, with commissioning targeted for October 2026 and practical completion anticipated in mid-November.

Executive Director Zac Komur stated: "Kangankunde continues to demonstrate strong execution momentum, with construction advancing across all major work fronts and the project remaining on track for first production in 2026. The commencement of civil works for the processing plant, ongoing progress on the haul road and run-of-mine pad, and the advancement of electrical works are all significant milestones as we move towards commissioning."

Project funding is fully secured, with all pre-first production expenditures covered by a A$100 million institutional placement, requiring no external debt. The Phase 1 design capacity is 20,000 tonnes per annum of rare earth concentrate, with production in the first half-year of operations expected to be approximately 10,000 tonnes. Mining will commence ahead of schedule, with the first ore planned for delivery to the run-of-mine pad in June 2026 to build stockpiles supporting the production ramp-up.

Civil works for the processing plant have commenced, including pouring of shaking table foundations, preparation of the product shed, and excavation for the semi-autogenous grinding mill. Clearing of the tailings storage facility is approximately 98% complete, with topsoil removal progressing concurrently.

The 23-kilometre 33kV overhead electrical line is progressing as planned, with commissioning scheduled for the end of September 2026 to support plant commissioning. Site accommodation, administration, and medical facilities are already operational, with other infrastructure planned for completion between mid and end of 2026.

On the mining front, haul road development is advancing, with the first blast planned for late June 2026. Construction of the run-of-mine pad and aerial corridor is underway, enabling first ore delivery prior to commissioning. The operational readiness plan has been initiated, key long-lead equipment has been procured, and regulatory approvals, including water usage and waste management permits, have been obtained.

Near-term milestones include: first ore delivery to the run-of-mine pad in June 2026; first blast in late June; completion of critical infrastructure by the third quarter; electrical commissioning in September; and front-end commissioning in October. Kangankunde is steadily progressing towards its target of first production in the fourth quarter of 2026.

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