Mkango Resources Ltd. is pleased to note the press release by the European Raw Materials Alliance , reproduced below, and looks forward to working with ERMA as we move the Pulawy separation plant towards development: Securing critical raw materials for the European market is the main goal of the European Raw Materials Alliance . The current issues with Europe's dependency on oil and gas clearly show the importance of [...]
Mkango Resources Ltd. announces that, further to its press releases of December 21, 2020 and February 8, 2021, it has issued 625,000 shares to Bacchus Capital Advisors Limited , in connection with the financial advisory services provided by Bacchus Capital to the Company for the period from December 18, 2020 to December 18, 2021. The Shares were issued at a deemed price per Share of C$0.475. The Shares may not be sold [...]
Highlights The final stage of hydrometallurgical piloting at ANSTO for Mkango's Songwe Hill Rare Earths Project in Malawi has successfully produced rare earth carbonate grading 55% total rare earth oxides equivalent, enriched in neodymium and praseodymium oxides, which together make up 31% of the rare earth oxide content in the carbonate product Neodymium and praseodymium are key components of permanent magnets used in [...]
Highlights Mkango has commenced the final stage of hydrometallurgy piloting at ANSTO in Australia following an extensive phase of flow sheet development and optimisation Mkango has already successfully completed flotation piloting and five out of six hydrometallurgy pilot campaigns testing all aspects of the optimised processing flow sheet The targeted product will be a high grade, purified mixed rare earth carbonate [...]
Mkango Resources Ltd. , is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending September 30, 2021. The reports will be available under the Company's profile on SEDAR and on the Company's website . For further information on Mkango, please contact: Mkango Resources Ltd. William Dawes Chief Executive Officer will@mkango.ca Canada: +1 403 444 5979 [...]
Highlights HyProMag Limited subsidiary established in Germany to rollout commercialisation of HPMS technology into Germany and Europe, and to further support Government initiatives to strengthen European rare earth supply chains and accelerate the green transition New German subsidiary, HyProMag GmbH, is 80% owned by HyProMag Limited and 20% owned by Professor Carlo Burkhardt of Pforzheim University in Germany [...]
Highlights Potential for uranium-tantalum-niobium mineralisation along a strike length of >3 kilometres Assay results from 128 rock samples collected during the 2019/2020 exploration programme returned uranium, tantalum and niobium values ranging up to 0.74% U3O8, 0.41% Ta2O5 and 3.24% Nb2O5. Uranium and associated tantalum / niobium mineralisation occurs in nepheline syenite gneiss and associated veins Targeting [...]
Highlights Mkango increases its interest in HyProMag from 25.0% to 41.6% following the exercise by HyProMag of its right to convert into shares of HyProMag the ?200,000 convertible loan which formed part of the ?500,000 financing package completed in January 2020 Cash retained by HyProMag will be used to support the scale up of the patented Hydrogen Processing of Magnet Scrap technology at University of Birmingham and [...]
Mkango Resources Ltd. is pleased to announce that it has received final approval from the TSX Venture Exchange in respect of the transaction announced on 5 August 2021 whereby Mkango has acquired the 49% interest of Talaxis Limited in Lancaster Exploration Limited , which owns the Songwe Hill Rare Earths Project in Malawi, and Talaxis' 24.5% interest in Maginito Limited , which holds a 25% interest in rare earth magnet [...]
Mkango Resources Ltd. is pleased to announce that shareholders have approved all resolutions at the Annual General Meeting held in Toronto today. All business put forth at the Meeting was approved by shareholders of the Company, including: approval of the previously announced acquisition on 5 August 2021 by Mkango of Talaxis' 49% interest in Lancaster Exploration Limited, which owns the Songwe Hill Rare Earths Project in [...]
Highlights Successful completion of groundbreaking project to recycle rare earth magnets from loudspeakers in vehicles and flat screen TVs, led by HyProMag Limited , European Metal Recycling Limited and University of Birmingham , funded via a grant from the Industrial Strategy Challenge Fund, delivered by UK Research and Innovation The recycling process is underpinned by hydrogen processing of magnet scrap technology [...]
Mkango Resources Ltd., is pleased to announce that the management team of Mkango, as well as leading Malawian geotechnical engineering firm, Geoconsult Ltd, and Zutari Ltd, are on site at the Songwe Hill Rare Earths development project to commence a major geotechnical drilling and pitting program. The geotechnical test work program will obtain samples from approximately 150 five-metre-deep pits and 22 twenty-metre drill [...]
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