Kangankunde is transitioning from construction to operation, with a completed haul road to the stage one pit, on-site explosives, and a production drill rig beginning blast patterns; about 27,000 tonnes of ore are stockpiled to support commissioning.

Lindian has an offtake deal with Iluka Resources for 6,000 tonnes of monazite concentrate annually over 15 years, underpinning its strategy to produce concentrate and higher-value products.

Lindian targets first production in the fourth quarter of 2026, backed by a 261-million-tonne ore body at 2.19% TREO, including a high-grade starter zone of 26 million tonnes at 3.7% TREO, positioning it among the world’s largest undeveloped rare earth deposits.

Lindian is largely debt-free for stage one after a A$100 million institutional placement, securing funding to move into production.

A feasibility study for a potential stage-two expansion is due in December, evaluating increasing concentrate production to 120,000 tonnes per year under the guidance of DRA Global.

Lindian Resources is establishing a Singapore regional office to manage international sales, marketing, and logistics for its rare earths, signaling a move toward in-house commercialization after ending a third-party agency arrangement with Gerald Metals.

ANSTO has confirmed that Lindian’s Kangankunde ore is exempt from radioactive material classification for transport, removing a major logistical hurdle.

Kangankunde is framed as a rare-scale project with near-term production potential in a global race to secure critical mineral supply chains, signaling Lindian’s aim to join the ranks of global rare earth producers.

A feasibility study indicates a lowest-cost quartile operation with potential to produce a premium 55% TREO monazite concentrate with no deleterious elements, complemented by an offtake deal for 6,000 tonnes per year over 15 years.

The Singapore hub will market Kangankunde concentrate and the higher-value mixed rare earth carbonate (MREC) from its Kazakhstan facility, reducing external marketing fees and enabling closer engagement with global refiners and OEMs.

Lindian owns 51% of the SARECO hydrometallurgical plant in Kazakhstan, which will upgrade concentrate to MREC, with the Singapore office handling global sales for both products.

The strategic move to control sales from a regional hub signals Lindian’s aim to transition from construction to becoming a global rare earth producer.