More electrification. More magnets. More rare earths.
Rare earths – particularly neodymium (Nd) and praseodymium (Pr) – are essential for manufacturing high-performance permanent magnets, the key component in:
Electric vehicle (EV) motors
Wind turbine generators
Industrial automation & robotics
Consumer electronics
Industrial automation & robotics
Five global forces shaping a rare earths supercycle.
Energy transition, supply reshoring and geopolitics are fuelling long-term demand.
The EV revolution.
Renewable energy.
Supply chain reshoring.
Geopolitical and ESG pressures.
Sustainability-aligned exploration.
↑ 100%+
~70 million units
↑ 250%
50,000+ tpa
USD $35+ billion
Kangankunde: Ready when the world needs it most
With rare earth demand set to double by 2035 – and global supply struggling to keep pace – Lindian’s Kangankunde Rare Earths Project is emerging at exactly the right time.
This globally significant deposit in Malawi is positioned to become a cornerstone supplier of neodymium and praseodymium (NdPr), just as governments and manufacturers race to secure non-Chinese, ESG-aligned supply.
High-grade REO mineralisation
Assays up to 20.1% REO in early results, with significant NdPr enrichment
Low thorium and uranium content:
Enabling cleaner, more compliant processing for international buyers
Open-pit development potential
Simple geology and scalable infrastructure for faster deployment
Favourable location
Export-ready in a politically stable, mining-friendly African jurisdiction
