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LSE:MKA TSX-V:MKA FRA:ZMK PINK:MKNGF

Mkango Resources Ltd

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Market:
LSE
Market Cap:
£31.51 m
Price
23.25 GBX
Change
-1.06%
52 weeks high
26.43
52 weeks low
2.20

In brief

Mkango Resources Limited is developing the 51% owned Songwe Hill rare earths project in Malawi with the ongoing bankable feasibility study funded by strategic partner, Talaxis Limited, a subsidiary of Noble Group. In parallel, Mkango is developing complementary downstream technologies via its 75.5% interest in green technology incubator, Maginito. Mkango also has an extensive exploration portfolio in Malawi, including the recently announced Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.

Snapshot

An investment at the project level from major commodities trader Talaxis is helping it along

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