Kangankunde is Lynas' long-held Malawi rare-earth resource-development interest. The company has made no further capital investment since fiscal 2012 and has no active operations or employees in Malawi. The Malawi government purported to cancel the mining lease in 2019, and Lynas initiated judicial-review proceedings. The asset remains on hold while the title dispute continues, with no current resource table, economic study or dated development milestone reported.
- Country
- Malawi
- Commodity
- REE
- Stage
- Care & Maintenance