Lindian Resources (ASX:LIN) said the Government of Malawi confirmed that its Rift Valley Resources subsidiary is not impacted by the restriction of raw mineral exports, as the raw rare earth ores will be processed into monazite concentrate before shipment overseas, according to a Wednesday filing with the Australian bourse.

Rift Valley Resources holds the Kangankunde project mining licenses in southern Malawi, the filing said.

The Government of Malawi issued Executive Order No. 2 of 2025 on Oct. 23, restricting the export of raw minerals, per the filing.

Shares rose nearly 5% in morning trade on Wednesday.