Lindian Completes Kangankunde Early Works On Time, Secures Mining Fleet for 2026
Lindian Resources has successfully completed early development works at its Kangankunde Rare Earths Project in Malawi on time and within budget, setting the stage for mining operations to begin in early 2026. The company has also secured key mining equipment and is progressing with infrastructure and process plant preparations.
- Early works program finished on schedule and budget
- 5.5 km access road and security facilities operational
- Owner-operator mining fleet procured for January 2026 mobilisation
- Non-process infrastructure contracts underway alongside process plant design
- Project remains fully funded following strategic partnership and institutional placement
Early Works Completion Marks Key Milestone
Lindian Resources Limited (ASX – LIN) has announced the successful completion of the early works program at its Kangankunde Rare Earths Project in Malawi. The foundational site development, including a 5.5-kilometre access road, security gatehouse, ablution facilities, and contractors’ laydown area, was delivered on time and on budget. This achievement clears the path for the main construction phase to commence shortly, reinforcing Lindian’s commitment to its 2026 production timeline.
Infrastructure and Equipment Ready for Next Phase
Beyond the early works, Lindian has procured a comprehensive owner-operator mining fleet featuring Komatsu haulage and earthmoving units, alongside a Sandvik drill rig. Scheduled for mobilisation in January 2026, this fleet will underpin the start of mining activities. The company has also established reliable power and water supplies to key site facilities, ensuring operational readiness as construction ramps up.
Progressing Non-Process Infrastructure and Process Plant Design
With early works behind it, Lindian is now focused on advancing non-process infrastructure contracts, including tailings storage facility earthworks, haul road construction, and foundational works for administration and workshop buildings. Concurrently, the company is evaluating tenders for the process plant design and construction, aiming to align with the Definitive Feasibility Study’s capital envelope and maintain its target for first product output in 2026.
Strong Financial Backing and Strategic Partnerships
The Kangankunde Project benefits from robust financial support following a strategic partnership with Iluka Resources and a A$91.5 million institutional placement. These arrangements have underpinned the final investment decision and early construction activities, positioning Lindian as a promising player in the rare earths sector. The project’s low operating costs and high-grade monazite concentrate production potential further enhance its appeal.
Looking Ahead
As Lindian moves into the critical construction and commissioning phases, the company’s ability to maintain schedule and budget discipline will be closely watched. The successful mobilisation of mining equipment and awarding of process plant contracts will be key indicators of progress toward commercial production. With rare earths demand rising globally, Kangankunde’s development trajectory could have significant implications for supply chains and market dynamics.
Bottom Line?
Lindian’s on-track development of Kangankunde sets a promising stage for rare earths production in 2026, but upcoming contract awards and construction milestones will be pivotal.
Questions in the middle?
- When will Lindian announce the process plant design and construction contract award?
- How will the company manage potential risks in mobilising and operating the mining fleet in Malawi?
- What are the implications of current rare earths market prices on Kangankunde’s financial outlook?
