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Mkango's Will Dawes updates as Songwe Hill advances towards production decision

Will Dawes, chief executive of Mkango Resources Ltd’s (LON:MKA), caught up with Proactive London's Andrew Scott to discuss progress at its flagship Songwe Hill rare earth project in Malawi.

Commodities trader Talaxis has committed £12mln at the project level, with a view to supporting further exploration and to hitting certain development milestones.

That investment as it stands will net out at a 49% interest for Talaxis once the project is taken through the bankable feasibility stage.

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Price: 8.15 GBX

LSE:MKA
Market: LSE
Market Cap: £10.84 m
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