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Lindian Resources is speeding up its Malawi rare earths project, targeting first ore feed in 2026 with strong safety and cost efficiency.
Lindian Resources is accelerating construction at its Kangankunde rare earths project in Malawi, with key equipment secured and over 550 workers on site achieving 200,000 lost-time-injury-free hours.
The company, backed by Iluka Resources and stable funding, is using an owner-operated mining model to cut costs by about 30%, boosting margins.
The project, featuring a 261 million tonne resource grading 2.19% total rare earth oxides, aims to produce a premium monazite concentrate and achieve first ore feed in 2026, with projected annual revenue of A$228.9 million.
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Lindian Resources está acelerando su proyecto de tierras raras de Malawi, apuntando a la primera alimentación de mineral en 2026 con gran seguridad y eficiencia de costos.