Texas Facility Expansion Increases Magnet Capacity, Supports Domestic Critical-Minerals Supply Chains and IncreasesPost-Tax NPV to US$780 million and US$409 million Mkango Resources Ltd. , is pleased to announce that HyProMag USA, LLC , a U.S.-based leader in rare-earth recycling and processing, has expanded the magnet capacity of its first facility and has updated the valuation of the Project with the completion of the [...]
Mkango Resources is pleased to announce that HyProMag USA has finalised a lease agreement for its proposed rare-earth magnet recycling and manufacturing facility in Dallas-Fort Worth. HyProMag USA's first facility will be located at Ironhead Commerce Center, Dallas-Fort Worth, Texas. This Project site is strategically located next to critical infrastructure, the BNSF intermodal rail link and the Alliance airport. The [...]
Mkango Resources is pleased to announce that it has released the financial statements and management's discussion and analysis for the 3-month period ending 30 Sept 2025. The reports are available under the Company's profile on SEDARplus and on the Company's website. Balance Sheet Cash position of US$2 million as at 30 Sept 2025 with a £3 million successful equity raise in Oct 2025 post quarter end. Magnet Recycling [...]
Mkango Resources is pleased to announce that HyProMag USA has expanded its feedstock supply agreement with global electronics recycling company, Intelligent Lifecycle Solutions. ILS is currently securing and storing neodymium iron boron feedstock from hard disk drives at the ILS pre-processing sites in Williston, South Carolina and Reno, Nevada in advance of the commissioning of HyProMag USA's advanced stage rare earth [...]
Mkango Resources announces that its Annual General Meeting , which was adjourned from 29 Oct 2025, was held today and all resolutions were duly passed. AGM Results All business put forth at the Meeting was approved by shareholders of the Company, including: - the election of Derek Linfield, William Dawes, Alexander Lemon, Philipa Varris, Susan Muir and Shaun Treacy as Directors of the Company; - appointment of MNP LLP as [...]
Mkango Resources acknowledges the recent Executive Order by His Excellency Professor Arthur Peter Mutharika, President of the Republic of Malawi, regarding the prohibition of the export of raw minerals, promoting local value addition and ensuring that the mineral resources of Malawi contribute to the economic development and prosperity of the country. The Songwe Hill rare earth mining project will be producing a [...]
At the request of CIRO, Mkango Resources wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Mkango is listed on the AIM and the TSX-V. Mkango's corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Ltd [...]
Mkango Resources announces that it has received an exercise notice from a Mkango warrant holder to exercise 1,200,000 warrants over common shares in the Company, at a price of five pence per common share. Accordingly, the Company will issue 1,200,000 common shares to satisfy this exercise. The Warrant Shares will rank pari passu with the Company's existing shares and application has been made for the Warrant Shares to be [...]
Mkango Resources announces that, due to the current strike by the Canadian Union of Postal Workers impacting the Company's ability to deliver the proxy-related materials related to the Company's annual general and special meeting of shareholders scheduled to be held on 29 Oct 2025, the Company will be adjourning the Meeting until 9:00 a.m. on 12 Nov 2025 to ensure all shareholders receive the Meeting materials with [...]
Mkango Resources is pleased to announce that further to the Company's announcement of September 18, 2025, it has closed a private placement to raise gross proceeds of £3,000,000 through the issuance of 10,000,000 common shares of the Company at a price per Subscription Share of 30 pence. The Subscription Shares are subject to a statutory hold period in Canada expiring on Feb 3, 2026. Furthermore 5,000,000 warrants have [...]
Mkango Resources is pleased to announce that HyProMag USA has purchased three skid-mounted Inserma Anoia S.L magnet and Printed Circuit Board separation units. The Inserma and PCB units can be co-located at hyperscale data centers, shredding, recycling or HyProMag facilities. These Inserma units rapidly remove the voice coil motor containing the rare earth magnet, providing a highly concentrated feed for subsequent [...]
Mkango Resources is pleased to announce that its indirect wholly owned subsidiary, Lancaster Exploration Limited has entered into a Project Development Funding Agreement with the U.S. International Development Finance Corporation, the U.S. government's development finance institution, to secure US$ 4.6 million in reimbursable funding as part of the DFC's Project Development strategy for the Songwe Hill rare earth project [...]
