Perth – October 15, 2026 -- Lindian Resources (ASX: LIN) increased ore stockpiles at its Kangankunde Rare Earths Project in Malawi to approximately 149,000 tonnes, up about 24,000 tonnes, or 19%, from September 2026, as the company holds to a December 2026 target for first monazite concentrate.
The stockpile tonnage is derived from the project's existing Ore Reserve estimates, according to the company.
Power infrastructure reaches key milestones ahead of November energisation
The 33kV overhead line has been commissioned to the transformer yard. Both 1,250 kVA plant transformers have returned to site after passing factory acceptance testing. Lindian is targeting site energisation in the first week of November 2026, which would leave roughly one month before the planned first production.
Separation circuits near completion with steel work 90% done
Structural steel in the WHIMS and MGS areas is approximately 90% complete, and shaking tables are approximately 80% complete. Installation of the regrind mill is finished. Electrical works are progressing.
Operating team and logistics contracts move into place
Initial operating personnel are on board, and operator training has begun. Contracts for outbound concentrate logistics are nearing finalisation.
Executive Director Zac Komur said the project is in the final stretch of construction, with remaining work focused on completing the plant and commissioning it safely.