MkangoTop_edited.jpg

Mkango Resources

TSXV:MKA

TSX / AIM-listed rare earths explorer with an integrated strategy to develop the advanced-stage Songwe Hill project in Malawi

Overview

  • Recent restructuring of the business to regain 100% interest at project level and full offtake rights from strategic partner Talaxis. Raised £5.5m via an equity placing in August 2021.

  • Positioned for a mine, refine, recycle strategy across Songwe Hill in Malawi, Pulawy Separation Plant in Poland and Maginito in the UK.

  • Songwe Hill Project Mine Feasibility Study is funded and due for publication in Q1 2022.

  • Successful flotation pilot testwork completed with further hydrometallurgical testing underway.

  • Pulawy Separation Plant New Polish subsidiary of Mkango established in 2021 to enable Mkango to produce high value refined REE products targeting Phase 1 2ktpa NdPr oxides and 50tpa dysprosium and terbium. 

  • Signed an exclusive lease option agreement to develop a rare earths separation hub in Poland at the Grupa Azoty Pulawy chemical complex. The group is the second largest manufacturer of chemicals of nitrogen and compound fertilisers in Europe

  • Maginito Maginito Limited holds 25% of UK based NdFeB magnet recycler HyProMag; they are creating a recycling facility for NdFeB magnets at Tyseley Energy Park in Birmingham using a patented process in conjunction with the University of Birmingham.

MkangoMap.png

Share Price

Reserves and Resources

Mkango RnR.PNG