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Mkango Resources (MKA) Share News

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IN BRIEF: Mkango's Maginito signs collaboration agreement with Inserma

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

TRADING UPDATES: Hellenic Dynamics loan delay; Argent's Sintef tie-up

21st Aug 2024 21:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Mkango signs mining development agreement with Malawi government

29th Jul 2024 11:22

(Alliance News) - Mkango Resources Ltd on Monday announced it has signed a mining development agreement with the Malawi government for the Songwe Hill project, Malawi. Read More

LONDON MARKET CLOSE: Political turmoil hits euro and banks

10th Jun 2024 16:56

(Alliance News) - Stock prices in Europe ended lower, starting the week on the back foot ahead of a US inflation reading and Federal Reserve decision, with election results in Europe hogging the spotlight on Monday. Read More

Shares in Mkango Resources jump as strikes deal with Japan's Envipro

10th Jun 2024 13:25

(Alliance News) - Mkango Resources Ltd on Monday launched a collaboration with Envipro Holdings Inc on rare earth magnet recycling in Japan and the UK. Read More

EARNINGS AND TRADING: TPXimpact expects growth; Novacyt loss widens

30th May 2024 17:31

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Mkango Resources cuts executive pay to save costs

10th May 2024 21:08

Mkango Resources Ltd - Vancouver-based mineral explorer and developer with exploration portfolio in Malawi - Reduces executive management salaries by between 25% and 50% each from April through to September this year. Says this is part of its cost-cutting initiatives and complementary to its GBP750,000 private placement announced on April 11. Explains that cutting executive pay "conserves additional working capital to advance the company's assets". Board has also "implemented a bonus scheme in the form of shares to incentivise the executive management team". Mkango notes that non-executive directors, including Non-Executive Chair Derek Linfield, have been foregoing remuneration since January 1. Read More

Mkango Resources raises GBP720,000 after fees in placing of shares

11th Apr 2024 09:35

(Alliance News) - Mkango Resources Ltd on Thursday said that it has closed a GBP750,000 private placement, which included a GBP150,000 investment by Chief Executive Officer William Dawes. Read More

AIM WINNERS & LOSERS: Lok'n Store up on takeover offer from Shurgard

11th Apr 2024 09:27

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

Mkango to begin sales of recycled magnets following fundraising drive

25th Mar 2024 12:31

(Alliance News) - Mkango Resources Ltd announced on Monday that it has raised funds totalling GBP900,000. Read More

IN BRIEF: Mkango eyes HyProMag feasibility study completion this year

11th Mar 2024 15:01

Mkango Resources Ltd - rare earth metals explorer - Says BBA USA Inc and PegasusTSI Inc have been engaged to complete a feasibility study for the HyProMag USA asset. The study concerns the engineering and design of a rare earth element magnet recycling facility. "The feasibility study is expected to be completed during H2 2024. HyProMag USA has the potential to supply the US with a sustainable, long term domestic supply of neodymium/iron/boron permanent magnets to enable the creation of secure, low carbon and traceable rare-earth supply chains," it says. Mkango owns around 79% of Maginitom which in turn owns all of HyProMag. Toronto-listed CoTec Holdings Corp owns around 21% of Maginitom. Read More

AIM WINNERS & LOSERS: C4X gets Astra payment; Getech wins eight deals

3rd Jan 2024 10:12

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

Mkango subsidiary joins CoTec to promote magnet scrap recycling in US

3rd Jan 2024 09:26

(Alliance News) - Mkango Resources PLC on Wednesday said that its subsidiary will partner with CoTec Holdings Corp to roll out scrap magnetic recycling technology in the US. Read More

Mkango celebrates first production of recycled magnets in Birmingham

12th Dec 2023 09:32

(Alliance News) - Mkango Resources Ltd on Tuesday announced the first production of recycled rare earth magnets on commercial scale manufacturing equipment in the UK in over 20 years. Read More

EARNINGS AND TRADING: Lendinvest completes securitisation

30th Nov 2023 19:57

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Mkango Resources hails HyProMag's technology chosen for key project

11th Oct 2023 17:24

(Alliance News) - Mkango Resources Ltd on Wednesday said that HyProMag Ltd's rare earth magnet recycling technology has been selected by the Minerals Security Partnership for support as one of its key projects. Read More

Mkango rare earth recycling JV advances to feasibility study in US

10th Oct 2023 14:28

(Alliance News) - Mkango Resources Ltd on Tuesday said planning for the US feasibility study for its joint venture with CoTec Holdings Corp, HyproMag Ltd, has started, with completion targeted for mid-2024. Read More

EARNINGS AND TRADING: Alternative Income REIT raises dividend

2nd Oct 2023 14:32

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Mkango subsidiary partners with CoTec for magnet recycling technology

14th Sep 2023 14:14

(Alliance News) - Mkango Resources Ltd on Thursday said its subsidiary, Maginito Ltd, has formed a joint venture with CoTec Holdings Corp for the roll-out of HyProMag's rare earth magnet recycling technology. Read More

Mkango Resources firm to work on grant-funded offshore wind project

12th Sep 2023 17:07

(Alliance News) - Mkango Resources Ltd on Tuesday said HyProMag Ltd, which its 90%-owned subsidiary Maginito Ltd fully owns, is participating in a GBP1.5 million project called Re-RE Wind, which aims to establish the UK's first circular supply chain for rare earth magnets used in wind turbines. Read More

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