Lindian Resources (LIN) Diggers & Dealers Mining Forum 2026 summary

Leadership and strategic direction

• New CFO with extensive mining finance experience leads a board focused on project delivery.

• Board members bring expertise from major mining and capital markets backgrounds.

• Company is capitalized at AUD 1.4 billion, fully funded for current construction and expansion plans.

Project execution and milestones

• Construction is underway at Kangankunde, targeting first concentrate production in five months.

• Stage one mine and process plant in Malawi is fully funded, with first production expected in Q4 this year.

• Civil and structural works are ahead of schedule, with commissioning in October and practical completion in November.

• Stage two study is on track for a final investment decision in December, aiming for a 500% capacity increase.

Resource quality and operational advantages

• Kangankunde hosts a 261 million ton resource and 23.7 million ton reserve, supporting a 45-year reserve life.

• Ore body is simple to mine and process, with low thorium and uranium, reducing operational and shipping complexities.

• Lowest capital intensity globally, with stage one capital at $40 million and operating costs in the lowest quartile.