PERTH, Australia – Lindian Resources (ASX: LIN) has officially broken ground at its Kangankunde Rare Earths Project in Malawi.
This move marks a crucial step towards developing what’s considered one of the world’s largest undeveloped rare earth deposits, which can be seen here.
Early-stage site work is underway, including clearing areas for the processing plant, product storage, and monazite concentrate loading. This follows the commencement of a new access road in February, showing real momentum. The company aims to speed up Stage 1 construction with this work.
An advantage for the company is that the ongoing road work is being completed ahead of schedule. This has allowed Lindian to use its equipment and skilled workers for early work programs. This has allowed Lindian to gain time, progress, and reduce costs.
Lindian is also emphasizing community involvement, with over 70% of on-site roles filled by local workers. Skills development and training programs are being implemented to further expand the local workforce and creating long-term economic opportunities in the area. The company wants to ensure it contributes positively to the region through things like employment opportunities and support for local businesses.
With bauxite assets in Guinea and Tanzania, Lindian Resources aims to become a globally significant critical minerals producer. Lindian is committed to sustainable development, practicing best environmental management standards and supporting socio-economic communities. The company focused on transparency and open communication.
Lindian Resources (ASX:LIN) is an Australian company focused on developing world-class rare earths and bauxite assets in Malawi and Guinea.
Their flagship Kangankunde Rare Earths Project in Malawi is considered one of the world’s largest rare earth deposits, with high REO grade and low levels of impurities.
Lindian aims to become a key player in the global critical minerals supply chain.
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