Lindian strengthens board and project team as Kangankunde build gathers pace
Yahoo Finance·2026-03-25 23:47

Core Insights - Lindian Resources Ltd is enhancing its board and management team to facilitate the development of its Kangankunde Rare Earths Project in Malawi and advance its downstream processing initiatives in Kazakhstan [2][3] Group 1: Board and Management Changes - Teck Lim has been appointed as a non-executive director, transitioning from his role as chief financial officer, bringing over 20 years of international corporate finance experience [4] - The board changes aim to ensure continuity in financial discipline and commercial strategy as the company progresses through construction and into production [5] - Yves Occello has stepped down from the board but will continue as a consultant for Lindian's bauxite portfolio [5] Group 2: Project Development and Strategy - Lindian is targeting first production at the Kangankunde project in the second half of 2026, with recent milestones indicating progress at the site [3][6] - Dimash Matzhanov has been appointed as in-country manager for Kazakhstan to oversee local operations and stakeholder engagement, crucial for the company's Central Asian strategy [7][8] - The company aims to enhance value through processing partnerships and infrastructure, complementing its upstream resource base [9] Group 3: Operational Enhancements - David Brown has been appointed as project cost controller for the Kangankunde development, bringing over 15 years of experience in resources and infrastructure projects [11]

Lindian strengthens board and project team as Kangankunde build gathers pace - Reportify