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[BUSINESS] · Malawi · 2 sources

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Lindian Resources confirms export path for Malawi rare earths project

Lindian Resources has confirmed that its Kangankunde rare earths project in Malawi maintains its ability to export beneficiated monazite concentrate. The company stated that the project remains unaffected by Presidential Executive Order No. 2 of 2025, which concerns the export of raw minerals.

The Mining and Minerals Regulatory Authority (MMRA) provided written clarification that because the ore will undergo primary beneficiation into concentrate within Malawi, the process is recognized as domestic value addition. While new beneficiation regulations and legislative amendments are currently being drafted, the government has indicated these are intended for consultation and do not change the current export status for Kangankunde.

Development of the project is progressing toward a first production target in the fourth quarter of 2026. Stage 1 of the project is reportedly fully funded, with mining and major construction works already underway. Lindian management is currently engaging with Malawian government officials to support a framework for continued mining investment and value addition.

Entities

Kangankunde · Lindian Resources · Mining and Minerals Regulatory Authority · Robert Martin · Zac Komur