Mkango Resources Ltd (MKA) NPV (DI)

Sell:11.00pBuy:11.90p0.45p (3.78%)

Prices delayed by at least 15 minutes
Sell:11.00p
Buy:11.90p
Change:0.45p (3.78%)
Prices delayed by at least 15 minutes
Sell:11.00p
Buy:11.90p
Change:0.45p (3.78%)
Prices delayed by at least 15 minutes

Company Information

About this 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.

Key people

Alexander Lemon
President, Director
William C. Dawes
Chief Executive Officer, Director
Robert Sewell
Chief Financial Officer
Derek Linfield
Non-Executive Independent Chairman of the Board
Susan Ann Muir
Non-Executive Independent Director
Shaun Reginald Treacy
Non-Executive Independent Director
Philipa Ann Varris
Non-Executive Independent Director
Click to see more

Key facts

  • EPIC
    MKA
  • Location
    Canada
  • Sector
    Basic Materials
  • Industry
    Metal Mining
  • ISIN
    CA60686A4090
  • Market cap
    £40.70m
  • Employees
    -
  • Shares in issue
    297.08m
  • Exchange
    TSX Venture Exchange
  • Index

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