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An update from Lindian Resources Limited ( (AU:LIN) ) is now available.
Lindian Resources has reported strong execution momentum at its Kangankunde rare earths project in Malawi, highlighted by achieving 200,000 lost-time injury-free work hours and placing orders for key long-lead processing equipment, including a SAG mill, thickener, shaking tables and belt filters. The company has mobilised its own Komatsu mining fleet to carry out haul road, platform and tailings storage facility earthworks, reducing dependence on contractors and reinforcing a lower-capex, tightly controlled construction strategy.
Multiple work fronts are now active across bulk earthworks, site access and trafficable platform preparation, while non-process infrastructure such as the Tipume accommodation camp, administration buildings, medical clinic and security facilities nears completion to support workforce mobilisation. Lindian reiterated its master schedule, with process plant construction and mine stripping starting in February 2026, first blast in April, grid power energisation in July and first ore feed and concentrate targeted for November 2026, underscoring its commitment to delivering the project on time and enhancing its position in the rare earths sector.
The most recent analyst rating on (AU:LIN) stock is a Hold with a A$0.36 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.
More about Lindian Resources Limited
Lindian Resources Limited is an Australia-listed resources company focused on developing the Kangankunde rare earths project in Malawi. The company is advancing mining and processing infrastructure to produce rare earth concentrates, aiming to position itself as a significant supplier in the global rare earths market.
YTD Price Performance: -16.87%
Average Trading Volume: 6,867,111
Technical Sentiment Signal: Buy
Current Market Cap: A$577.3M
Learn more about LIN stock on TipRanks’ Stock Analysis page.