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Mkango Resources Ltd

Mkango Resources Ltd

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Basic MaterialsIndustrial Metals and Mining
  • Price (GBX)5.50
  • Today's Change-0.25 / -4.35%
  • Shares traded393.44k
  • 1 Year change-43.59%
  • Beta--
Data delayed at least 15 minutes, as of Sep 19 2024 17:09 BST.
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About the company

Mkango Resources Ltd. is engaged in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito Limited (Maginito), which is owned 79.4% by the Company and 20.6% by CoTec, and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies. It has several properties in the Republic of Malawi, including the Songwe Hill rare earths project and the Nkalonje Hill exploration target, both held within 11 Phalombe retention licenses. It is also pursuing mineral exploration opportunities with three additional 100% owned properties in Malawi, the Thambani retention licenses, the Chimimbe Hill exploration license, and the Mchinji exploration license. Maginito holds a 100% interest in HyProMag and a 90% interest in HyProMag Germany, focused on short loop rare earth magnet recycling, and a 100% interest in Mkango Rare Earths UK Ltd.

  • Revenue in CAD (TTM)0.00
  • Net income in CAD-5.36m
  • Incorporated2007
  • Employees--
  • Location
    Mkango Resources Ltd550 Burrard St Suite 2900VANCOUVER V6C 0A3CanadaCAN
  • Phone+1 (403) 444-5979
  • Fax+1 (403) 444-5979
  • Websitehttp://www.mkango.ca/
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