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- Lindian Resources (LIN) is continuing to make strides at its Kangankunde rare earths project in Malawi
- ANSTO’s Minerals Division confirms the non-radioactive classification of Kangankunde rare earth mineral concentrates
- Concentrates were also verified, grading up to 66 per cent TREO grades using beneficiation techniques
- Ongoing metallurgical testing is underway contributing to process engineering and design.
- LIN shares are up nearly two per cent, trading at 28.5 cents at 12:31 pm AEST
Lindian Resources (LIN) continues to make progress at its Kangankunde rare earths project in Malawi.
The independent government agency, the Australian Nuclear Science and Technology Organisation (ANSTO) Minerals Division, has confirmed that concentrates from the project are not classified as radioactive for transport.
“Having confirmation from ANSTO Minerals, the highly regarded Australian Government nuclear science and technology organisation, that the rare earth concentrate from Kangankunde is not classified as radioactive for transport purposes is very significant for the project,” LIN CEO Alistair Stephens said.
In addition, independent analysis has verified a mineral concentrate grading of up to 66 per cent total rare earth oxide (TREO), achieved through beneficiation using gravity and magnetic separation techniques.
Metallurgical testing is currently ongoing, with various programs aimed at optimising and de-risking the processing scheme.
These tests include pilot-scale testing and metallurgical variability testing, all of which will provide valuable data for process engineering, design, and a forthcoming feasibility assessment.
“We are encouraged with the progress being made as we ramp up project development activities and we look forward to providing a steady stream of updates as the stage one project starts to take shape,” Mr Stephens added.
LIN shares were up nearly two per cent, trading at 28.5 cents at 12:31 pm AEST.
