News Articles for Lindian Resources

Lindian Resources has shifted its Kangankunde rare earths project into high gear after awarding every major non-process infrastructure contract, clearing the decks ahead of full-scale mine construction in Malawi. With work already underway across multiple packages, contractors mobilised and the mining fleet rolling in, the company says the milestone materially boosts execution confidence ahead of first production in 2026.

Lindian Resources has taken complete control of its Kangankunde rare earths project in Malawi by making an early payment of the final US$10 million tranche to acquire the remaining 33 per cent of the project from Malawian vendor, Rift Valley Resource Developments Limited. The transaction now takes the company to 100% ownership of the project, well ahead of the original July 2026 final payment deadline.

Lindian Resources has kicked off a drilling campaign at its North Knoll prospect. The target, which returned rock chips assaying of up to 7.15 per cent total rare earths (TREOs), is one of several high-grade carbonatite-rich lenses previously identified near the company's world-class Kangankunde rare earths project in Malawi.

Metallurgical test work by Lindian Resources at its Kangankunde rare earths project in Malawi has nailed very high extraction rates and produced a monazite feed grading 54 per cent TREO. Notably, the product includes very favourable magnet rare earths (Nd and Pr) characteristics containing ultra-low uranium – thorium contents using standard simple and scalable low complexity flowsheets.

Lindian Resources has kicked off construction of its Tipume accommodation village at the company's world-class Kangankunde rare earths project in Malawi, representing an important development milestone. Kangankunde is a world class rare earths project that boasts 1000m mineralised drill intersections going well over 2 per cent total rare earths oxides. Australian critical minerals processor Iluka has already put its hand up for the offtake.

Lindian Resources has received a green light from Malawi's government, confirming its Kangankunde rare earths are exempt from an executive order banning raw mineral exports as it will process the ore locally to produce monazite concentrate. The clarification arrives just a day after Lindian's initial proactive reassurance to investors, quelling market jitters that had briefly dented the company's share price.

Lindian Resources has wrapped up early development works program at its giant Kangankunde rare earths project in Malawi with mining of its 23.7Mt at 2.9 per cent total rare earths oxide probable ore reserve scheduled to commence in early January. The reserve is backed by a 61Mt indicated resource at 2.43 per cent total rare earths oxides which includes a high-grade core of 25 million tonnes at 3.26 per cent TREO.

In a bold decision that could accelerate the path to production, Lindian Resources has decided to run its Kangankunde rare earths project in Malawi under an owner-operator model. By ditching contract miners and putting its own team in the driver's seat, the ASX-listed junior aims to sharpen efficiency, cut long-term costs and stamp more control over one of the world's most anticipated rare earths developments.

Lindian Resources has engaged DRA Pacific for its Malawian Kangankunde rare earths project stage 2 study, targeting 50,000-100,000pa concentrate. Lindian is positioning itself as a key player in the global rare earths market, under recently appointed executive director Zac Komur, with stage 1 development on track, funded by a $91.5 million placement, targeting first production in the fourth quarter of 2026.

Lindian Resources has appointed mine development specialist Zac Komur to lead its giant Kangankunde rare earths project in Malawi, where early site works are on budget and ahead of schedule. Stage one construction is fully funded for Q4 2026 production. Stage two studies and downstream partnerships are moving ahead, supported by a $91.5 million placement, positioning Lindian as a key rare earths supplier.

Lindian Resources has bagged $91.5 million in new funds from a heavily oversubscribed raising to kick off stage one construction at its world-class Kangankunde rare earths mine in Malawi. Iluka Resources is already on board with an offtake deal for 6000 tonnes of concentrate per year for 15 years and a $20 million construction loan, allowing Lindian to reach first production in late 2026.

Lindian Resources can now significantly increase its rare earths mining area by almost three-fold at its Kangankunde project in Malawi after receiving departmental approval for its stage two modular expansion plan. It is a further positive step forward in the company's plans to supercharge its stage-two expansion of the world-class rare earths project that boasts a massive high-grade rare earths deposit.

Lindian Resources has got the nod to expand its Malawi mining licence just one week after striking a rare earths supply deal with Iluka Resources.

Bulls N' Bears ASX Runner of the Week is… Rhythm Biosciences, after it after it revealed promising results from a study of its simple bowel cancer diagnostic blood test. Roolife Group inked a blockbuster e-commerce partnership supply agreement with multi-national Eternal Asia Supply Chain Management, Waratah Resources unveiled a 208m intersection of high-grade gold in NSW land of the copper-gold giants, and Lindian resources secured a funding and offtake partnership with Iluka Resources to lock-in a domestic rare earths supply.

Iluka Resources' taxpayer-backed Eneabba rare earths refinery north of Perth will be partly fed by concentrate from Africa amid a growing push to secure non-China supply chains.

Lindian Resources has forged a multi-pronged major offtake agreement, cornerstone funding and strategic partnership with global critical minerals heavyweight Iluka Resources to push its world-class Kangankunde project in Malawi towards first production. The seismic deal for the company cements Kangankunde as one of the pre-eminent rare earths developments on the planet, as Iluka scrambles to lock in a strategic rare earths supply for Australia.

Lindian Resources has topped up its coffers with a double shot of cash totalling just under $1.65 million from the exercise of 10M unlisted options at $0.12 per share for $1.2M and a $448,753 R&D refund. The federal Research and Development Tax Incentive Program refund is for Lindian's process development and metallurgical testwork conducted to improve beneficiation at its massive Kangankunde rare earths project in Malawi.

Lindian Resources has made significant strides towards opening its flagship Kangankunde rare earths mine in Malawi. The company says it is running ahead of schedule as it looks to swiftly bring the low-cost critical minerals project into production. Haul roads and a solar farm for the project are underway and Lindian has filled five key positions to progress the site into its next development phase.

Lindian Resources is building momentum at its Kangankunde rare earths project in Malawi, with funding offers from Gerald, Ecobank and others in play. Site works are underway, a monazite offtake deal is in place, and ANSTO has begun test work on downstream options. An optimised feasibility study shows Kangankunde could become a global rare earths supply chain enabler - and soon.

Lindian Resources is juggling a slew of financing proposals from leading African and European commercial and investment banks, for its world-class Kangankunde rare earths project in Malawi. The company says it is riding a wave of financial momentum, with multiple funding proposals under due diligence to bankroll Kangankunde's Stage 1 continued development.

Lindian Resources has executed a binding agreement to grab the remaining 25 per cent share of the Lelouma bauxite project in the African nation of Guinea to take full ownership of the tier-1 asset. The company will be targeting direct shipping ore from the current resource containing a whopping 900 million tonnes grading 45 per cent aluminium oxide.

Perth-based junior Lindian Resources has confirmed a group of trespassers were detained recently at its Kangankunde rare earths project in Malawi.

Lindian Resources has kicked off early site works at its world-class Kangankunde rare earths project in Malawi, marking a major step towards production. A new 5km access road is already well underway, allowing the company to mobilise earthmoving equipment and begin ground preparations. The move is part of a fast-track strategy to accelerate stage one construction at one of the world's top rare earth deposits.

Lindian Resources will start metallurgical test work of its high-grade Kangankunde monazite from Malawi, helped by Australia's top nuclear science team, to target a market-ready mixed rare earth carbonate product. The Australian Nuclear Science and Technology Organisation will run parallel acid and alkaline cracking methods to find the most economical way of producing a usable carbonate product prior to generating a final certificate of analysis.

Lindian Resources has bolstered its leadership team with Robert Martin leaping into the hot seat as the new executive chairman and Teck Lim joining as CFO, as it drives its Malawi rare earths project forward.

Amid a surge of investor interest in its flagship Malawi rare earths project, Lindian Resources is advancing its financing options with a new hire to work on an existing deal and recommend further solutions. Experienced finance advisor Henk Ludik will progress a non-binding agreement Lindian has in place with US-based Gerald Group, and identify, review and recommend more funding solutions.

Lindian Resources has signed a milestone works contract for an access road and civil works at its Kangankunde rare earths project, saying the deal shows the strength of the Malawi-based project. The US$1.3m contract is the first to be awarded to advance the project and includes primary highway access, internal access and other site works.

Lindian Resources has appointed seasoned businessman Robert Martin as chairman to assist with the development of its mammoth Kangankunde project in Malawi, one of the largest rare earth deposits in the world. Martin, who sits on a number of other ASX-listed company boards has a track record of experience across a broad range of sectors, including mining and mining services, manufacturing and capital markets.

Christmas has come early for Lindian Resources, with it wrapping up the year with a US$50 million (A$78.6 million) funding agreement with US-based commodity trader Gerald Metals Group. Funds are earmarked to kick off development of its world-class Kangankunde rare earths project in Malawi. A feasibility study on the stage one development shows a whopping annual EBITDA of US$84m (A$132m) in a 45-year mine life.

Lindian Resources has secured a non-binding term sheet for $US50 million funding and an offtake agreement with Gerald Group for its Kangankunde Project.

Lindian Resources will pick up between $1 and $2 a tonne by way of a royalty over its Woula bauxite project in Guinea, with two Guinea-based firms set to lease and mine the project. Woula will churn out about 2mtpa and notably, production should commence within 12 months, setting up a handy income stream for Lindian as it looks to commercialise its massive rare earths asset in Malawi.

Fresh from delivering a feasibility study on its massive Kangankunde rare earths project in Malawi, Lindian Resources has completed a successful North American roadshow to promote the project's economic credentials and explore finance options. The company says it has fielded strong interest in helping it fund the first two stages of the operation and is in the process of reviewing potential partners.

Lindian Resources has lifted the lid on a compelling new set of financial numbers for its giant Kangankunde rare earths project in Malawi, including a whopping annual EBITDA of US$84 million (AU$124.5 million) in a 45-year mine life. A feasibility study on the project's stage-one development also shows a post-tax payback period of just 1.5 years for a US$40 million (AU$60 million) pre-production capital outlay.

Lindian Resources has shortlisted two experienced contractors to vie for the prize of designing and constructing a processing plant at the company's hulking Kangankunde rare earths project in the south-east African nation of Malawi. Management, which is close to completing a stage-one feasibility study for the project, says both firms have a track-record of delivering significant-scale mining and processing operations in several African countries.

Our weekly appointments wrap includes Kylie Maj, Steve Formica, Adam Handley, Shane Hartwig, Alwyn Vorster, Kellie Davis, Zac Komur and Jennifer Purdie.

Incoming Lindian Resources chief executive officer Alwyn Vorster has vowed to bring the company's massive flagship Kangankunde rare earths project in Malawi into construction and operation “as soon as possible”. The experienced rare earths executive, who has a track-record of managing projects through all stages of development, is expected to take up his new post as of this Saturday.

African-focused Lindian Resources has appointed Alwyn Vorster as its chief executive, effective from June 1.

A successful Lindian Resources infill drill campaign has underpinned an indicated resource boost of 61 million tonnes at 2.43 per cent total rare earth oxides (TREO) at the company's giant Kangankunde project in Malawi. Management confirmed this morning that the updated indicated resource also includes a higher-grade component of 25 million tonnes at an impressive 3.26 per cent TREO.

Lindian Resources has rolled out another round of dazzling wide, high-grade rare earth hits at its giant Kangankunde rare earths project in Malawi with a resource upgrade due by the end of the month. The African operation already hosts a massive 261 million tonnes at an impressive grade of 2.19 per cent total rare earth oxides, including 5.7 million tonnes of contained TREO in the inferred category.

Lindian Resources is fully permitted to begin the construction, mining and mineral processing steps at its massive Kangankunde rare earths project in Malawi after receiving a permit to extract ground water at the site. The giant African operation currently holds 261 million tonnes at an impressive grade of 2.19 per cent total rare earth oxides, including 5.7 million tonnes of contained TREO in the inferred category.