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.