3rd Sep 2024 19:15
Mkango Resources Ltd - Malawi-focused producer of recycled rare earth magnets, alloys and oxides - Maginito Ltd, of which Mkango has a 79.4% stake, signs agreement with Inserma Anoia SL, a Spanish digital technology developer for the industrial and manufacturing industries. Companies to develop a process through which rare earth magnets are extracted from voice call motors in hard drive disks and put through HyProMag recyclers. HyProMag was developed by Maginito subsidiary HyProMag Ltd. It uses hydrogen processing of magnet scrap technology to extract neodymium iron boron from hard drives for re-processing and resale into the rare earth magnets market. Read More
