US MP to Launch Dysprosium & Terbium Output by Mid-2026

Lindian Resources, listed on the Australian Securities Exchange, has confirmed it is on track to achieve first monazite concentrates production in December, according to foreign media reports. The company has been advancing construction, mining, and commissioning preparation activities at its Kangankunde rare earths project in Malawi. Lindian has accumulated 149,000 mt of ore inventory, up from 24,000 mt in September. Ahead of first concentrates production, Lindian expects site power connection to be completed in the first week of November. Kangankunde has a designed capacity of 15,300 mt per year of monazite concentrates at a 55% total rare earth oxide grade. Subsequent expansion phases could potentially lift monazite concentrates production in stages to 120,000 mt per year. Under the Stage 1 scenario, the mine is expected to operate for 45 years.

[SMM Rare Earth Morning Meeting Summary: Pr-Nd Chain Pulls Back Across the Board; Dy and Tb Hold Steady] Pr-Nd oxide offer centers moved lower, with high-priced resources showing signs of loosening; dysprosium oxide offers continued to consolidate; terbium oxide prices remained stable at low levels.