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Lindian Resources nears rare earth production with key milestones at Kangankunde, targeting Q4 2026 start.

Market News
31 Jul 2026
Proactive Investors - Finance
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Bullish
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Lindian Resources advanced its Kangankunde Rare Earths Project in Malawi during Q2 2026, completing critical construction and mining readiness milestones. Mining began in July with initial ore haulage underway, and first concentrate production is targeted for Q4 2026. The company also progressed a downstream processing strategy in Kazakhstan and secured funding, including a A$100 million placement and a US$11.6 million facility, supporting production and expansion plans. A Stage 2 feasibility study aiming to increase production capacity is expected by December 2026.

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