Lindian Resources executive director Zekai (Zac) Komur talked with Proactive about the company’s recent progress at the Kangankunde Rare Earths Project in Malawi, following a significant September quarter.
Komur outlined several key milestones, notably the strategic 15+15-year offtake agreement with Iluka for both stages of production. “We’re fully funded to first cash flow and will be in production next year,” Komur said. He highlighted that final investment decisions have been made and early site works are now complete.
Further developments include awarding major process infrastructure contracts and expanding the project’s footprint to the stage two mining lease. Lindian has adopted an owner-operator model to reduce operating costs by 30%, with a clear goal: “Speed to market, to own market share as a lowest-cost producer,” Komur stated.
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