Lindian Keeps Malawi Rare Earths Project on Track for Late-2026 First Output

An announcement from Lindian Resources Limited ( (AU:LIN) ) is now available.

Lindian Resources says construction at its Kangankunde rare earths project in Malawi is progressing on schedule, with front-end commissioning targeted for October 2026 and first production expected in the fourth quarter of 2026. The Stage 1 plant is designed for 20,000 tonnes per annum of concentrate, is fully funded to first production through a recent A$100 million equity raise, and has recorded over 615,000 lost-time-injury-free work hours.

Key works advancing include process plant civil foundations, haul road and run-of-mine pad development, a 23km 33kV power line, and tailings storage facility clearing, alongside build-out of workshops, camp, fuel farm and explosives magazine. With all key regulatory approvals secured and operational readiness and long-lead procurement well advanced, Lindian aims to de-risk commissioning and ramp-up, reinforcing its push to become a new supplier of rare earths as construction momentum builds across all major work fronts.

The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.91 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 a Stage 1 process plant designed to produce rare earth concentrate, positioning itself within the critical minerals supply chain amid growing global demand for rare earth elements.

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Technical Sentiment Signal: Buy

Current Market Cap: A$1.42B

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