How Will Lindian’s New Executive Director Drive Kangankunde’s Rare Earths Ambitions?
Lindian Resources appoints Zekai Komur as Executive Director to spearhead delivery and expansion of its Kangankunde Rare Earths Project, with Stage 1 fully funded and construction progressing ahead of schedule.
- Zekai Komur appointed Executive Director to lead Kangankunde project delivery and expansion
- Stage 1 fully funded with US$20 million from Iluka partnership and A$91.5 million institutional placement
- Early works nearing completion, mining and plant construction targeted for early 2026
- Stage 2 Expansion Study due December 2025, with downstream rare earths partnerships advancing
- Strong community engagement and infrastructure development supporting project progress
Leadership Strengthens Project Delivery
Lindian Resources has taken a decisive step in advancing its flagship Kangankunde Rare Earths Project in Malawi by appointing Zekai (Zac) Komur as Executive Director. Mr Komur, who previously served as a Non-Executive Director, brings over 25 years of global resources sector experience, including leadership roles at BHP, Fortescue, and INPEX. His expertise in project delivery, commissioning, and mineral processing positions him well to oversee the transition from feasibility to execution for both Stage 1 and Stage 2 of Kangankunde.
Fully Funded Stage 1 and Construction Progress
The company recently announced the Final Investment Decision for Stage 1, fully funded through a strategic partnership with Iluka Resources and a substantial A$91.5 million institutional placement. Early works are progressing ahead of schedule and on budget, with key infrastructure such as processing areas, roads, and solar-powered borefields nearing completion. Mining and plant construction are targeted to commence in early 2026, with first concentrate expected by late 2026, marking a significant milestone for Lindian.
Advancing Stage 2 and Downstream Opportunities
Alongside Stage 1 progress, Lindian is actively advancing its Stage 2 Expansion Study, scheduled for completion in the December quarter of 2025. This study aims to optimise the project’s scale and economics, with multiple parties expressing interest in downstream processing partnerships. ANSTO testwork is underway to support these evaluations, reflecting Lindian’s strategic focus on building a resilient supply chain and maximising shareholder value through integrated rare earths processing.
Community Engagement and Infrastructure Readiness
Recognising the importance of local support, Lindian maintains active community engagement through its Community Liaison Officer, ensuring alignment with local leaders and stakeholders. This proactive approach mitigates risks associated with early works and construction phases. Concurrently, non-processing infrastructure such as power lines and service contracts are advancing to tender stage, ensuring the project is construction-ready once final design contracts are awarded.
Outlook and Strategic Positioning
With a premium monazite concentrate expected to rank among the lowest cost producers globally, Kangankunde is positioned as a cornerstone asset in the critical minerals sector. Mr Komur’s appointment signals Lindian’s commitment to disciplined project execution and strategic growth. As the company moves toward key milestones including mechanical completion and first concentrate shipment by mid-2027, market watchers will be keen to track progress on both operational and commercial fronts.
Bottom Line?
Lindian’s strengthened leadership and solid funding set the stage for Kangankunde’s critical next phase, but execution risks and downstream partnerships remain key watchpoints.
Questions in the middle?
- How will Mr Komur’s leadership impact the timeline and cost discipline of Kangankunde’s Stage 1 delivery?
- What are the prospects and potential partners for downstream rare earths processing beyond Stage 2?
- How will Lindian manage geopolitical and operational risks in Malawi while scaling production?
