The Kangankunde Rare Earths Project of Lindian Resources Ltd (ASX:LIN, OTC:LINIF) in Malawi is moving ahead on a number of fronts, including engineering design, community engagement and feasibility studies.
The company has engaged two experienced design and construction (D&C) contractors on a competitive ‘limited notice to proceed’ basis.
Early design appointment
The early start on design will enable the appointment of a sole process plant design and construction contractor by the third quarter of 2024.
Detailed design work includes the stage 1 process plant and associated infrastructure, ensuring streamlined procurement and construction processes.
“On behalf of the Lindian board and team, I would like to express our gratitude to the local community for their ongoing support and constructive engagement with us on the development of the Kangankunde Rare Earths Project,” Lindian Resources executive chair Asimwe Kabunga said.
Social and economic benefits
“We look forward to continuing to work with the community and delivering social and economic benefits through the development of the Kangankunde Project for many years to come.”
CEO Alwyn Vorster added: “We continue to advance the Kangankunde Rare Earths Project towards the construction phase with multiple workstreams underway including ongoing community engagement, feasibility studies and engineering design works.
“I look forward to reporting the results of the feasibility study shortly. We are confident that it will demonstrate the merits of the Kangankunde Rare Earths Project from an Ore Reserves, capital and operating cost and value perspective.”
Community engagement in train
A Community Engagement Plan (CEP), developed in collaboration with local government, traditional leaders and community organisations, has been submitted to the Malawi Government’s Ministry of Mining for registration.
The resettlement process for community members, including compensation payments, is nearing completion, with Lindian continuing to support local employment and social investment initiatives.
Lindian’s stage 1 feasibility study is also nearing completion, with financial modelling underway and results expected in late June 2024.
The study includes contributions from experts in various fields, ensuring a comprehensive assessment of the project's safety, environmental impact, geology, mining, metallurgy, process plant design, logistics, marketing and human resources.