Lindian CEO steps down early as Kangankunde transitions to project delivery
ASX-listed Lindian Resources CEO Alwyn Vorster will be stepping down as CEO, effective February 28, after he and the board mutually agreed to conclude his fixed-term contract early.
This comes amid the continued advancement of Lindian’s flagship Kangankunde rare earths project, in Malawi, which is seeing several key senior management changes as the company transitions into project delivery.
Vorster has been CEO since June last year and was tasked to focus on advancing the Kangankunde feasibility study and structuring the project to prepare it for funding and construction.
Lindian said on February 27 that it had conducted a rigorous search for a highly experienced executive team to lead Kangankunde’s next phase.
“Over the past three weeks, we have engaged with top-tier industry leaders to ensure the right expertise is in place to drive project delivery. The company will provide an imminent update on the appointment of key leadership as we advance towards financing and construction commencement,” the company said.
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