HYPROMAG TO PARTICIPATE IN£11MILLION GRANT FUNDED PROJECT: POWER-Highlights HyProMag, a pioneering rare earth magnet recycler and manufacturer, is participating in the £11 million PULSE project , which is part funded by the United Kingdom Government through the Advanced Propulsion Centre UK HyProMag will collaborate with four industrial partners in [...]
Mkango Resources Ltd. is pleased to announce that further to the Company's announcement of August 21, 2024, it has closed a private placement to raise gross proceeds of £1,250,000 through the issuance of 25,000,000 common shares of the Company at a price per Subscription Share of 5 pence . Accordingly, 25,000,000 Subscription Shares have now been [...]
Maginito Ltd and Inserma Anoia S.L have entered into a binding and exclusive agreement to collaborate on the optimisation, commercialisation and roll-out of pre-processing technologies for HyProMag in the United Kingdom, Germany, the United States and other regions. The latest mobile Inserma unit for hard disc drives can be co-located at hyperscale [...]
Mkango Resources announces that it has released the Financial Statements and Management's Discussion and Analysis for the three month period ending 30 June 2024. The reports are available under the Company's profile on the SEDARplus website and on the Company's website. Subsequent to quarter end, the Company announced the following financings: On [...]
Mkango Resources is pleased to announce that HyProMag GmbH is participating in the €8 million grant funded GREENE project, of which HyProMag GmbH will receive €350,125. HyProMag is 80% owned by HyProMag, a 100% owned subsidiary of Maginito. Maginito is 79.4% owned by Mkango and 20.6% owned by CoTec Holdings. REE permanent magnets based on Neodymium [...]
Mkango Resources has conditionally raised gross proceeds of £1.25M via a direct Company subscription from existing shareholders. EIT RawMaterials will, subject to the approval of the TSX-V, provide additional funding of €200,000 and receive a 5.7% interest in Mkango Polska, currently a 100% held subsidiary of Mkango developing the Pulawy Rare [...]
TR-1: Standard form for notification of major holdings: NOTIFICATION OF MAJOR HOLDINGS i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Mkango Resources Ltd. 1b. Please indicate if the issuer is a non-UK issuer Non-UK issuer x 2. Reason for the notification An acquisition or disposal [...]
Highlights Lancaster Exploration, a 100% owned subsidiary of Mkango Resources Ltd., and the Malawi Government have signed a Mining Development Agreement for the Songwe Hill Rare Earths Project in Malawi The signing of the Songwe MDA confirms the fiscal terms applicable to the project and enhances the options to create value for shareholders in the [...]
Highlights Commissioning of the short-loop magnet recycling and manufacturing plant at Tyseley Energy Park is continuing to advance with past and upcoming major milestones as follows: Magnet manufacturing presses delivered and commissioned in December 2023 Powder processing plant delivered in July 2024 Hydrogen Processing of Magnet Scrap vessel [...]
MID-CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce the findings of the mid-project review for the bankable feasibility study for HyProMag USA, LLC, a Delaware corporation . Canada-based BBA USA Inc. and U.S.-based PegasusTSI Inc. have been engaged to complete the HyProMag USA bankable Feasibility Study to engineer and design [...]
LONG-Highlights · Mkango Rare Earths UK has successfully commissioned a long-loop recycling pilot plant at Tyseley Energy Park in Birmingham, which processes NdFeB magnet scrap or swarf to produce rare earth carbonates and oxides via a chemical route · Complements the short-loop recycling plant currently being commissioned by HyProMag and [...]
CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce the appointment of Linda Lourie as an Advisory Board Director to HyProMag USA LLC effective June 24, 2024. Julian Treger, CoTec CEO commented: "We are very pleased to welcome Linda to the Advisory Board of HyProMag USA, our Joint Venture with Mkango Resources Ltd.. Linda's [...]