LYGEND RESOURCE (HKEX: 02245) has announced that all production lines of the KPS project, which is part of the second phase of its RKEF initiative, have officially commenced commercial operations as of May 2026.

The RKEF project, a joint investment with Indonesian partners on Obi Island, Indonesia, consists of two phases. The KPS project under the second phase comprises 12 production lines, with a total annual designed capacity of 185,000 metal tonnes of nickel pig iron.

The full-scale operation of the KPS project signifies that all production lines of the company's Obi project are now fully operational. This officially grants the company the capability for large-scale production with an annual capacity of 400,000 metal tonnes of nickel.

The orderly commissioning of the Obi project according to plan is continuously enhancing the company's overall economies of scale. Its market share in nickel products is steadily growing, creating favorable conditions for further cost reduction, efficiency improvement, and optimized resource allocation. This development is set to drive a dual enhancement in the company's profitability and its influence within the industry.